The Iowa attorney general, who is leading the 50-state probe into mortgage foreclosure problems, said on Monday that he hopes to have a settlement with the nation’s biggest banks in the next two months. U.S. regulators and a coalition of state attorneys general are negotiating with the biggest mortgage lenders, including Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. The probe is the result of problems that burst into public view last year of banks taking possibly illegal shortcuts in some foreclosure proceedings, such as using “robo-signers” to sign hundreds of unread documents a day.
Christine was a reporter with HousingWire through August 2011.see full bio
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Why housing demand is up and inventory is down in 2026
Pending sales rose to 75,856 vs 72,039 in 2025 as inventory turned negative year over year with mortgage rates near 6.58%.
Christine was a reporter with HousingWire through August 2011.see full bio