U.S. banks to pay $8.5 billion to end foreclosure reviews | Reuters

U.S. banks to pay $8.5 billion to end foreclosure reviews | Reuters: (Reuters) - "A group of 10 mortgage servicers agreed on Monday to pay a total of $8.5 billion to end a U.S. government-mandated case-by-case review of housing crisis foreclosures in an acknowledgement the program had proven too cumbersome and expensive."