Big Banks Said Near Fed Deal On Foreclosure
WASHINGTON -- Goldman Sachs, M organ Stanley and two other banks may agree as soon as this week to settle claims over botched foreclosures in an accord similar to one reached with 10 other loan servicers, two people briefed on the discussions said. The agreement, also involving HSBC Holdings (HBC) and Ally Financial, would end case-by-case reviews of loans under earlier accords with the biggest mortgage servicers, said the people, who declined to
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