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Big Banks Agree To Pay $8.5 Billion To Settle Foreclosure-Abuse Claims

April 2011: A foreclosure sign in front of a home in Richmond, Calif. Justin Sullivan/Getty Images hide caption

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Justin Sullivan/Getty Images

The Two-Way

Big Banks Agree To Pay $8.5 Billion To Settle Foreclosure-Abuse Claims

January 7, 2013 • Some borrowers who were mistreated during foreclosures will receive compensation. The payments will range from hundreds of dollars to $125,000. The agreement ends a case-by-case review of the banks' actions.

U.S. Foreclosures Drop Dramatically, But The Picture Remains Very Mixed

An auction sign in front of a Salem, Ore., home on Feb. 23. Rick Bowmer/AP hide caption

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Rick Bowmer/AP

The Two-Way

U.S. Foreclosures Drop Dramatically, But The Picture Remains Very Mixed

October 11, 2012 • RealtyTrac, a foreclosure tracking firm, says the foreclosure filings dropped significantly in September. But the report shows they have gone up in states that hadn't had problems until now.

We Stand At The Doorstep Of A Foreclosed House. Then We Go In

A vacant home in Spring Hill, Fla. Richard Elzey/Flickr hide caption

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Richard Elzey/Flickr

Planet Money

We Stand At The Doorstep Of A Foreclosed House. Then We Go In

April 12, 2012 • We tag along with a real estate agent whose job is to investigate a foreclosed house in Florida.

We Stand At The Doorstep Of A Foreclosed House. Then We Go In

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The Two-Way

Settlement Reached With Banks On Relief For Some Homeowners

February 9, 2012 • Officials have been pressing five banks to offer mortgage relief and some financial aid to homeowners who got crushed when the housing bubble burst or were caught up in the "robo-signing" scandal that sped up the foreclosure process.

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