States must decide if they’re in or out of mortgage deal

We’ve heard that states attorneys general have been “close” to a mortgage deal with big banks for months on end. So should we be skeptical of all the media reports that the states face a deadline as to whether they are in or out. “In another sign the deal is close, negotiators have overcome a sticking point and agreed on Joseph Smith, North Carolina's banking commissioner, as a monitor to ensure the banks comply with the terms of the settlement,” reports Reuters. Article