January 11th, 2012 
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The U.S. Justice Department has begun reaching out to other banks for gauging their interest in joining the wide-ranging settlement as the government nears a deal with top banks to resolve mortgage abuses, according to a person familiar with the matter.
Several nationally chartered banks have been contacted with DoJ to identify whether they might agree to terms similar to those in the proposed deal, the person said.
State and federal officials are nearing a settlement with the five largest mortgage servicers – Bank of America Corp, JPMorgan Chase & Co, Wells Fargo & Co, Citigroup Inc and Ally Financial Inc- for resolving allegations of misconduct in processing foreclosures and other issues. The banks will put behind them potential government lawsuits about improper foreclosures and abuses in originating and servicing the loans in exchange for between $20 billion to $25 billion in relief to distressed homeowners.
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