Last week the Federal Government and 49 States reached an agreement and settlement stemming from the robo signing violations in mortgage foreclosure processing. Will the National Mortgage Settlement have an effect on the housing recovery? Experts agree, probably not. It is simply too little too late. Any effect on the real estate market? There is concensus that the settlement will begin to shake loose the Shadow Inventory of foreclosed homes that banks have been holding. Now that banks can move forward without penalty look for increased listings and sales of bank owned properties.