[GPSCC-chat] foreclosure settlement funds
Jim Doyle
j.m.doyle at sbcglobal.net
Thu May 24 17:39:52 PDT 2012
This from and full article at *http://tinyurl.com/c75vf2e
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Billion Dollar Bait & Switch:
States Divert Foreclosure Deal Funds
States have diverted $974 million from this year’s landmark mortgage
settlement to pay down budget deficits or fund programs unrelated to
the foreclosure crisis, according to a ProPublica analysis. That’s nearly
forty percent of the $2.5 billion in penalties paid to the states under
the agreement.
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