Foreclosure negotiations held at Justice Dept

State attorneys general and federal officials have held an all-day negotiating session on the nation’s foreclosure crisis with the nation’s largest banks in an effort to keep more Americans in their homes. Iowa Attorney General Tom Miller says Wednesday’s meeting at the Justice Department is a good first step but he adds that the two sides have a long way to go. The Justice Department is spearheading a coordinated law enforcement effort to ensure that mortgage services work with borrowers to find alternatives to foreclosure. Executives from Bank of America, Wells Fargo, Citibank and GMAC attended the session.