AOL.com Video - Daily Digit: $8.5 Billion

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Daily Digit: $8.5 Billion

Description:The Daily Digit is $8.5 billion. This is how much Bank of America, Citigroup, JPMorgan, Wells Fargo, and six other U.S. banks will pay to end a case-by-case review of foreclosures required by U.S. regulators. Of that money, $3.3 billion will go directly to eligible homeowners, and $5.2 billion will be distributed in loan modifications and forgiveness. (0:53)

Source: Reuters

Tags: reuters , Bank of America , citigroup , jpmorgan