US Banks Agree Foreclosure Settlement Worth $26 Billion

The US government has just announced a deal with five of the country’s biggest banks that will see homeowners given more than $25 billion as part of a settlement over foreclosure abuses.

Americans Lose Interest in Home Ownership

What with the lowest housing prices in a generation, you would think that anyone in a position to buy a home would jump at the chance. But in fact, as Victoria Pauli concurs, the housing collapse has made many people think twice about home ownership.

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