The five largest bank servicers — Bank of America, Wells Fargo, JPMorgan, Citigroup, and Ally Financial /GMAC — today announced a $25 billion settlement with 49 state attorneys general (except Oklahoma), the U.S. Department of Justice, and the Department of Housing and Urban Development (HUD). 

It was notable that both California and New York ultimately decided to join the settlement, a report released this afternoon by Barclays Capital analysts said. 

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