California must repay national mortgage settlement cash used to balance state budget
California must repay national mortgage settlement cash used to balance state budget
by John Myers
The California Supreme Court refused earlier this week to hear an appeal by the administration disputing lower court rulings that found the state mistakenly used a portion of the money — paid by large banks and lenders as part of a nationwide legal agreement in 2012 — to pay off housing bonds.
All credit goes to John Myers
Originally published on http://www.latimes.com/california/rss2.0.xml
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