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  • Lawsuit challenges Ariz. use of settlement money
    That's why it was welcomed news when, in February, the state announced it would get nearly $98 million in a settlement with five of the nation's biggest banks. States accused the banks of committing mortgage fraud. The settlement money was intended to ...
  • Gov. Brown Butts Heads w/ Democrats
    Jerry Brown's plan to use $411 million in revenue coming to the state as part of the national mortgage settlement to help shrink the general fund deficit. In his revised 2012-13 budget released last week, Brown proposed using most of the money for ...
  • Foreclosure-prevention efforts bog down
    By Marc Lifsher SACRAMENTO -- Part of California's share of a national legal settlement with five big mortgage banks can be used to help fill a $15.7-billion hole in the governor's proposed budget, the state Legislature's non-partisan policy advisor ...

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