Welcome to Iowa Public Television! If you are seeing this message, you are using a browser that does not support web standards. This site will look much better in a browser that supports web standards, but it is accessible to any browser or Internet device. Read more on our technical tips page.

Iowa Public Television

 
  • PBS NewsHour

PBS NewsHour | Major Banks to Pay $8.5 Billion in Settlement Over Housing | PBS

Duration: 09:11
Program: PBS NewsHour #10536
Broadcast Date: Jan. 7, 2013

Ten major banks in the U.S. have agreed to $8.5 billion for wrongful foreclosures on homeowners during 2009 and 2010 at the height of the housing crisis. Margaret Warner talks to Guy Cecala of Inside Mortgage Finance and Diane Thomson of the National Consumer Law Center about the improper foreclosures and who will get the money.

Tags:

Topics:

Post Date: January 7, 2013