Banks are seeking legal protections against mortgage-related claims, presenting an obstacle to efforts to reach a settlement over foreclosure practices. Officials are seeking penalties of as much as $25 billion from major financial firms as part of the settlement. "The reason the banks would settle or pay anywhere near $20 billion to $25 billion is to get this behind them," according to a source. "There's no reason the banks would pay that amount of money and leave their flank exposed."
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