**FILE** In this May 9, 2008 file photo, a foreclosure sign stands outside an existing home on the market in Denver. A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continues to mount, the Mortgage Bankers Association said Friday, Sept. 5, 2008. (AP Photo/David Zalubowski, file)
Kansas and 11 other states announced an agreement with a mortgage lender that will help nearly 400,000 homeowners facing foreclosure.
The deal will help more than a thousand Kansas borrowers by modifying loans. They will also pay $150 million to the participating states to help those who have already lost their homes.