Federal officials announced a $25 billion settlement Thursday with the five largest mortgage lenders over foreclosure abuses — a deal that requires the banks to reduce some loans, send out checks to foreclosed Americans and refinance mortgages for underwater borrowers. Click below to read the rest of the story. @WiLMajor
U.S. Government Sues 17 Banks Over Mortgages
Some of the nation’s largest banks are getting sued by federal regulators over mortgage bonds. Read the full story after the jump! @Funkmasterflex Find Flex on Google +
