(Reuters) – A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday.

Related posts:

1. States to decide this week on mortgage deal
2. Holdout states lured back into mortgage deal
3. DoJ contacting additional banks on mortgage deal
4. BofA in side deal with government on mortgage foreclosures: WSJ

Reuters article archive.