LOS ANGELES (MarketWatch)U.S. federal and state authorities have reached a settlement deal with five major banks for $25 billion related to forclosure abuses, with the agreement to be announced as early as Thursday, the New York Times reported, citing government officials
The deal came as California and New York, which had been holding out, now plan to sign on, the report said
The money would be used to reduce some mortgage-holders' debt or reimburse some who've already lost their homes, though those receiving aid would be a "relatively small portion of the millions of borrowers who are delinquent and facing foreclosure," the report said
The banks involved in the settlement were Ally Financial Inc., Bank of America Corp. , Citigroup Inc. , J.P. Morgan Chase & Co. and Wells Fargo & Co. , according to the report.
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Goldman Sachs compra 6.200 millones de dólares en activos hipotecarios de AIG
El banco de la Reserva Federal (Fed) de Nueva York anunció hoy la venta a Goldman Sachs de 6.200 millones de dólares en activos hipotecarios de alto riesgo que la institución adquirió tras el rescate de la aseguradora American International Group (AIG) durante la crisis de 2008.
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