Bank Foreclosure Deal Reviewed by States as Delaware Drops Out
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State attorneys general reviewed a proposed settlement with banks over foreclosure and mortgage-servicing practices that negotiators are pressing to complete as Delaware said it would reject a deal said to total $25 billion.
Representatives of Democratic attorney general offices met at a Chicago hotel yesterday to discuss the negotiated terms and ask questions, said Iowa Attorney General Tom Miller. Miller, who is helping to lead talks, said an agreement with the banks is getting closer.