Page 14 - Foreclosure Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Today, five of the biggest banks in the country are expected to admit responsibility for abusing the foreclosure process with a deal that could top $25 billion. it's going to reduce mortgages for one million home owners or allow them to refinance for those who lost their homes, they're eligible for a one time payment of just $2,000. the five banks are bank of america, j.p. morgan chase, wells fargo, citigroup and ally financial. mortgages owned by fannie mae and freddie mac are not covered under this deal. the backup singers behind some of the world's most famous entertainers finally getting t...

Handle led these foreclosures didn't give people a fighting chance to hold on to their homes. in many cases they didn't even verify that these foreclosures were actually legitimate. some of the people they hired to process foreclosures used fake signatures to -- on fake documents to speed up the foreclosure process. some of them didn't read what they were signing at all. you've got to think about that. you work and you save your entire life to buy a home, that's where you raise your family, that's where your kids' memories are formed, that's your stake, your claim on the american dream. and th...

Handled these foreclosures didn't give people a fighting chance to hold on to their homes. in many cases, they didn't even verify these foreclosures were actually legitimate. some of the people they hired to process foreclosures used fake signatures on fake documents to speed up the foreclosure process. some didn't read what they were signing at all. think about that. you work, you save your entire life to buy a home. that's where you raise your family. that's where your kids' memories are formed. that's your stake, your claim on the american dream, and the person signing the document couldn't...

>> a high-stakes pardon showdown. could we learn today if most of those prisoners released in mississippi will have to go back to prison? along those, four convicted murderers. >> classes are resuming at that l.a. school where the entire staff was fired after two teachers were arrested on child abuse cases. investigators at this point have made yet another disgusting discovery. >> they were not fired, they were reassigned temporarily. >> should say not fired but cleared out. >> the bombing is unrelenting in syria. families are afraid to escape their homes. these are some of the most ...

international journalists. russian's foreign minister is in syria trying to keep it from being the latest arab government to fall. many world leaders say moscow is ignoring the slaughter of civilians. ivan watson is in istanbul, turkey, covering this for us. is there any optimism that russia can rein in this violence? >> reporter: that's a big question. the russian foreign minister definitely got a hero's welcome as he arrived in damascus. he seemed to be one of the biggest allies and friends of president bashar al-assad right now. the russian line has been that the western governmen...