Relevant:
- Foreclosure Settlement A Budget Godsend For Some States
- BofA offers 30,000 borrowers $4.75 billion in principal reductions
- HUD: Mortgage Settlement Monitor Reports Eight 'Fails' in Bank Testing Results
- Needy States Use Housing Aid Cash to Plug Budgets
- Banks report $51 billion in consumer relief in mortgage settlement
2012-10-19 — huffingtonpost.com
A report released Thursday by Enterprise Community Partners, a housing nonprofit, offers the clearest indication yet that the state attorneys general -- and by extension, struggling homeowners -- are losing the fight against those with sticky fingers. States have diverted more than half of the money allocated for mortgage relief, $988 million so far, to pet projects and other initiatives, according to the report.
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