Banks Agree to Settle for Unsound Foreclosure Practices
The big four (Bank of America, Citibank, JPMorgan Chase, and Wells Fargo) have agreed to a $394M penalty paid to the Federal Government in response to their unsound practices ("robo-signing") that were identified in early 2011 and resulted in a temporary moratorium on foreclosures.

For more on the action, you can read more at the Federal Government website: http://www.occ.gov/topics/consumer-protection/foreclosure-prevention/correcting-foreclosure-practices.html
Additionally, there will be funds paid to people that were negatively affected by these practices. To help determine if you are eligible for a settlement, you can go to http://www.independentforeclosurereview.com/.