[GPSCC-chat] foreclosure settlement funds

Spencer Graves spencer.graves at prodsyse.com
Thu May 24 18:18:34 PDT 2012


Hi, Jim:  That's great.  I'm actually less interested in the article 
than in the fact that ProPublica is asking people to report their 
experiences to ProPublics!  I should contact them.
Spencer


On 5/24/2012 5:39 PM, Jim Doyle wrote:
> This from and full article at *http://tinyurl.com/c75vf2e
> *
>
>
>  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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-- 
Spencer Graves, PE, PhD
President and Chief Technology Officer
Structure Inspection and Monitoring, Inc.
751 Emerson Ct.
San José, CA 95126
ph:  408-655-4567
web:  www.structuremonitoring.com




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