Mortgage settlement

Major banks forked over billions of dollars in a mortgage settlement. Some states are using that money to fix any kind of budget gap.

The big 49-state deal on mortgages was supposed to help clear the foreclosure backlog. So how are the banks faring now?

The $25 billion settlement announced last month finally details all the different types of relief for borrowers. But it sure took a long time.

A report says U.S. taxpayers may end up on the losing side of the multi-billion-dollar housing settlement between banks and states. Former TARP Inspector General Neil Barofsky explains how we may be bailing out big banks again.

When the news hit the other day of the blockbuster settlement for abuses in the foreclosure process, there may have been one brand you didn’t immediately recognize. Ally has really only been around since 2009, but there are already rumors swirling about its status.

Banks will pay out billions over questionable foreclosure practices, like robo-signing. Will homeowners in hard-hit Nevada feel relief?

The $25 billion foreclosure settlement is one of the biggest in history. But is it fair? Housing and Urban Development Secretary Shaun Donovan, one of the architects of the deal, responds.

The settlement between states and banks is worth $250 billion, but few homeowners benefit.

Yesterday's $25 billion agreement between five big U.S. banks and state attorneys general could help some three million homeowners who owe more than their homes are currently worth.

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.