U.S. Pushes Multibillion-Dollar Mortgage Deal
February 24, 2011 at 00:34 AM EST
The Wall Street Journal reports that the Obama administration is trying to push a settlement that could force America’s largest banks to pay for reductions in loan principal worth billions of dollars following breakdowns in mortgage servicing. According to the Journal, which in its report cites people familiar with the matter, should a unified settlement [...]