Mortgage settlement

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.

Federal and state authorities have reached an agreement with big banks on abusive foreclosure practices. What does this mean for states like Maryland?

As states close in a settlement with big banks over alleged abusive home foreclosure practices, we break down how much each family will really get.

Today's $26 billion settlement between the government and five of the nation's biggest banks could free up the billions in mortgage securities they possess. But the settlement will also change many of the ways banks deal with foreclosures.

Forty states have signed on to a settlement deal with the nation's largest banks, while Delaware and other hold-out states try for a better deal.

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.

National State Attorneys General Program Director James Tierney discusses why it has taken so long to reach a multi-state settlement with big banks over shady foreclosure practices during the housing crisis.