Mortgage lenders and authorities could reach a deal this week in which banks will pay states...

|By:, SA News Editor

Mortgage lenders and authorities could reach a deal this week in which banks will pay states $19B to settle claims of inappropriate repossession practices, and $25B if California is involved, The WSJ reports. New York, which had left the talks, has remained "engaged" in the process. However, some issues still need to be ironed out, including the person who will monitor and enforce the agreement.