Three executives who led high-risk home lender Washington Mutual Bank as it skidded toward the biggest bank failure in U.S. history have agreed to settle a government lawsuit for as much as $64 million — far from the $900 million the Federal Deposit Insurance Corp. had sought.

The settlement with Washington Mutual’s longtime chief executive, Kerry Killinger, and top aides Stephen Rotella and David Schneider is not final yet. But FDIC officials said it could be filed by next week in U.S. District Court in Seattle, where WaMu was based.

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