. >> i'm jim hanley. five of the nation's biggest banks agree to a $25 billion bailout to the victims of home mortgage and foreclosure abuses. it is one of the largest out-of-court settlements ever. the deal was brokered by the white house. steve handelsman has details. >> reporter: it won't fix the mortgage mess, but today's huge settlement will compensate families who lost their homes and help others avoid foreclosure. president obama is cracking down on what many see as villains of the housing crisis and recession. >> america's biggest banks, banks that were rescued by taxpayer dollars, will be required to write these wrongs. >> reporter: five banks made the $25 billion deal after revelations they phonied paperwork to speed evictions. over three years, they'll reduce the principal and modify the mortgages of delinquent borrowers. they'll refinance at today's low rates. homeowners who are under water, owing more than their homes are worth. and they'll pay $2,000 in cash to 3/4 million americans who lost

. >> that was jim hanley on that report. >>> the highest prices at the pump are leading to an increase in counterfeit cash. this funny money is popping up at gas stations all over the country. different offices of the secret service now are paying more attention to gas stations by teaching the attendants there how to spot the fake bills. some gas stations are even installing so-called cash accepters which can electronically tell the difference between the good and the bad money. >>> michael jackson's doctor will not be getting out of jail while he tries to appeal his involuntary manslaughter conviction. a judge today denied conrad murray's request saying he could be a danger and a flight risk. late last year a jury convicted murray in connection to jackson's death. >>> television news anchor in denver, colorado is finally able to speak now two weeks after being bitten by a dog on live tv. kusa's kyle dyer had 70 stitches and a skin graft to her lips. a dog saved by a firefighter after falling through the ice bit her during a live interview when she got too close to the dog. dyer says i