Relevant:
- No Surprise - Arizona Court Rules Mortgage Settlement Funds Don't Have to Help Homeowners
- Australians World's Wealthiest on Housing, Credit Suisse Says
- Housing advocates concerned Texas won't use mortgage settlement funds to help homeowners
- Top HUD official "disappointed" by Georgia's handling of its $99 million share of National Mortgage Settlement
- Should States Use Settlement Money for Deficits or Housing? Oh, So What and Who Cares? - Mandelman Matters
2012-08-24 — businessweek.com
While critics say the money should be used to help mortgage borrowers, a lawyer for the state said Wednesday that Arizona is entitled to use $50 million of its share of a multistate foreclosure settlement paid by lenders to help balance the state budget because it's compensation for revenue lost due to the housing market collapse.
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