U.s. Seals Mortgage Settlement With Top Banks

Mortgage Settlement

WASHINGTON (Reuters) - The U.S. government said on Thursday that the biggest U.S. banks will provide $25 billion in relief to distressed homeowners and states, as officials hold lenders responsible for taking illegal shortcuts during foreclosures and other mortgage paperwork.

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    As readers may know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma the lone refusenik. Although the fine points are ...
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    Office of Public Affairs Direct Line (202) 514-2007. Department of Justice Main Switchboard (202) 514-2000
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