California must repay national mortgage settlement cash used to balance state budget

 In blog, California

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

Recent Posts
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt

Start typing and press Enter to search