settlements

Kevin Wolf / Associated Press

Washington state will receive more than $21 million from a settlement with financial services company Standard & Poor's.

The company was accused of inflating credit ratings and misleading investors in the run-up to the 2008 financial crisis.

The deal was part of a $1.4 billion agreement with the federal government and 18 other states.

Attorney General Bob Ferguson said it was among the state's biggest won consumer payouts.

Oregon lawmakers are struggling to finish their work before this weekend's deadline to adjourn.

The Associated Press reported Tuesday that the family of a University of Idaho graduate student murdered last August has agreed to a financial settlement with the university in a claim filed against the school. Katy Benoit’s family had filed a three million dollar tort claim against the UI in December. Northwest Public Radio’s Glenn Mosley recounts the events of last August in Moscow.

Source: Washington Attorney General's Office

OLYMPIA, Wash. -- After a year of negotiations, states, federal regulators and five of the biggest lenders have reached a $25 billion dollar settlement to change foreclosure practices. The goal of the settlement is to impose new restrictions on banks, and to fund loan modifications for homeowners. Backers hope the agreement will also help stabilize the housing market. KUOW’s Amy Radil reports.