Report: AGs near $25 billion foreclosure deal with big banks

posted by
February 8, 2012
Forbes    
Posted in News

"With holdout attorneys general in California and New York set to sign on, multiple reports Wednesday night said a nationwide foreclosure settlement with five major banks could be made official as early as Thursday. The New York Times, citing state and federal authorities, said the deal of at least $25 billion aims to provide relief for the embattled housing market, but will only help a small number of the millions of delinquent borrowers whose homes are at risk of foreclosure." (02/08/12)

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