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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  • U.S. Seals Mortgage Deal With Top Banks
    CNBC's Diana Olick shares insight on the mortgage settlement reached between state attorneys general and the top U.S. banks.
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