WASHINGTON (CNNMoney) -- In the largest deal to date aimed at addressing the housing meltdown, federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders.
The deal settles potential state charges about allegations of improper foreclosures based on robosigning, seizures made without proper paperwork.
Will this set things to rights? I have my doubts. Does it favor the banks over the occupiers and those crushed in the housing crisis and mortgage scandal? Problably.
What I DO know is that better minds need to be examining this and we need to know whether the president has just sold us out again as a nation.
And not least, what does this do to the Schneiderman/Biden investigations!