A settlement has been reached between state attorneys general and five major banks, but the problems of the housing market in the U.S. are far from over.
The Obama administration and nearly every U.S. state are reportedly ready to settle for $26 billion with five of the country's largest banks over allegations of abusive foreclosure practices.
Americans' feelings on the foreclosure deal, banks and whether they should worry about the European debt crisis. Gallup's Frank Newport offers up the latest data.
Bloomberg News reports a case of a J.P. Morgan Chase letter to a homeowner that said "you could sell your home, owe nothing more on the mortgage, and get $30,000."
Monday is the deadline for states to sign onto a settlement with the nation's largest banks over abusive foreclosure practices. The deal would reportedly force banks to pay billions of dollars to people who lost their homes.
Las Vegas currently holds the title for the city with the highest number of foreclosures in the country. Here, an inside look at the way people are dealing with this crisis.
According to one study, the average hit to a home near a foreclosed home is over $7,000 in property value. What you and your neighbors could do if an abandoned property is in the neighborhood.
