Home loans http://www.kplu.org en The mortgage deal: A reality check (in addition to $26 billion) http://www.kplu.org/post/mortgage-deal-reality-check-addition-26-billion The $26 billion deal Thursday reached by the federal government, most states and the nation's largest banks to compensate homeowners for abusive foreclosure practices was hailed as a landmark agreement. Thu, 09 Feb 2012 21:22:38 +0000 Scott Neuman 4108 at http://www.kplu.org The mortgage deal: A reality check (in addition to $26 billion) Washington's share of mortgage settlement: $648 million http://www.kplu.org/post/washingtons-share-mortgage-settlement-648-million <p>Washington&#39;s share of a $25 billion national settlement with the nation&#39;s biggest mortgage lenders will be about $648 million.</p><p> Thu, 09 Feb 2012 19:15:18 +0000 The Associated Press 4105 at http://www.kplu.org Settlement Reached With Banks On Relief For Some Homeowners http://www.kplu.org/post/settlement-reached-banks-relief-some-homeowners "After negotiating through the night," NPR's Yuki Noguchi reports, states attorneys general, federal officials and five major banks have agreed on a plan that will provide about $26 billion in mortgage relief and aid to homeowners who got crushed when the housing bubble burst.<p>The Justice Department, NPR's Carrie Johnson tells us, just announced that "Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and other federal and state officials" will unveil details of the much-anticipated plan at 10 a.m ET.<p> Thu, 09 Feb 2012 16:59:53 +0000 Mark Memmott 4100 at http://www.kplu.org