• Real Estate
  1. Foreclosure

    Foreclosure deal: What it means for you

    The nation's five largest banks have finally struck a deal with 49 states to settle charges of abusive and negligent foreclosure practices dating back to 2008. So what does this mean for you? Find out inside.

    • Foreclosure_20100630093202_JPG

      States, banks reach foreclosure deal

      Federal officials say the five largest mortgage lenders have reached a $25 billion settlement with 49 states over foreclosure abuses that took place after the housing bubble burst.

      • Home in foreclosure_20111028172253_JPG

        Foreclosure-abuse deal gains more states

        Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say.

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