Quotes of the Day

In this photo taken Friday July 15, 2011, in Springfield, Ill., a newly constructed home for sale, is displayed. Builders broke ground on fewer homes in July, with increased apartment construction not able to offset weaker single-family home building.
Thursday, Feb. 09, 2012

Open quoteI wouldn't say it's a panacea for the housing industry, but it is good for the banks to get this behind them.Close quote

  • JASON GOLDBERG,
  • an analyst with Barclays, as five of the biggest banks were set to agree to a $26 billion settlement that may provide relief to nearly 2 million current and former U.S. homeowners
Photo: Seth Perlman / AP | Source: New York Times