What step is expected this week in the Federal Reserve’s effort to work through the foreclosure mess?

Goldman Sachs Group Inc., Morgan Stanley and perhaps other banks are expected to announce a $1.5 billion-plus deal with the Fed to settle accusations they botched procedures when issuing foreclosures to homeowners, Bloomberg reported. The agreement would end case-by-case reviews of foreclosures launched under earlier accords with the biggest mortgage servicers. The deal comprises cash and help for borrowers, said one of Bloomberg’s unidentified sources.