The Massachusetts public pension fund will receive $11.3 millionfrom Countrywide Securities Inc. as a result of the company’sresidential mortgage securitization activities in the state, theattorney general announced.

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In addition to the payment to the Pension Reserves InvestmentManagement Board, Countrywide will pay the state $6 million,according to Attorney General Martha Coakley.

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The settlement is the result of a series of investigations bythe state that have resulted in settlements. J.P. Morgan agreedlate last year to pay $7 million to the pension fund.

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“We are pleased to return these critical public funds to thestate pension system,” Coakley said. “It is important to hold WallStreet accountable for its role in the subprime lending crisis. Ouroffice will continue its leading role in this area as we work tohelp homeowners and others harmed by investment banks.”

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At the end of 2012, the state fund had $21.5 billion inunfunded liabilities, a study by the MassachusettsTaxpayer Foundation said. In July, the fund’s assets were reportedto be $53.2 billion, up 12 percent for the year. The previous year,assets were essentially unchanged.

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In early December, the pensions board agreed to a$265 million settlement with Alpha Appalachia HoldingsInc., a mining company. After a 2010 mining accident, the boardaccused the company of misrepresenting its safety procedures.

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Countrywide, once the largest mortgage lender in the nation, waspurchased for about $4 billion by Bank of America in 2008 after thehousing bubble burst.

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