housing crash

The $26 billion settlement reached by the federal government, most states and the nation's largest banks to compensate homeowners for abusive foreclosure practices is unlikely to end the housing crisis, analysts say. It could also lead to a new round of foreclosures, which would drive prices even lower.

Washington's share of a $25 billion national settlement with the nation's biggest mortgage lenders will be about $648 million.Attorney General Rob McKenna…

BOTHELL, Wash. — From the freeway, it looks like just another patch of woods ripe for new housing development once the economy revives.From the air, the…