Banks, States Close To Deal On Mortgages

  A $25 billion settlement by major banks and U.S. states over questionable foreclosure practices in the housing crisis is nearing completion. Five big banks — Bank of America (BAC), JPMorgan Chase (JPM), Wells Fargo (WFC), Citibank (C) and Ally Financial (formerly GMAC) — and U.S. states are “very close,” Housing and Urban Development Secretary…