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Government

Mar. 14, 2012

California AG secures funds, rights in foreclosure settlement

California is set to receive the lion's share of the nearly $1 billion in fees and penalties paid by the banks to states in the foreclosure settlement.


By Emily Green


Daily Journal Staff Writer


More than one month after state Attorney General Kamala Harris rejoined the multistate mortgage settlement over foreclosure practices, the legal documents freshly filed show California set to receive the lion's share of the nearly $1 billion in fees and penalties paid by the banks to states.


The five separate settlements should clear up exact legal definitions for California legislators and crystal...

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