Study finds states not using $2.5 billion foreclosure settlement for intended use, Massachusetts’ use incorrectly summarized Reply

Earlier this year, forty-nine state attorney generals and the federal government announced a $25 billion settlement with five major banks that resulted from the bank’s illegal foreclosure practices.Ā  The settlement included $2.5 billion for the states to assist homeowners avoid foreclosure, help stabilize communities adversely affected by foreclosures, and to prosecute fraud. Enterprise Community Partners, More…