mortgage fraud

Judge Upholds Taking Foreclosure Funds for Budget

Oct 10, 2012

A judge today upheld the decision by lawmakers to take $50 million out of the state's share of a mortgage fraud settlement case.

Judge Asked to Void Taking of Mortgage Funds

Aug 23, 2012

An attorney for housing advocacy groups asked a judge Wednesday to void a decision by lawmakers to take $50 million from the cash the state got as its share of a nationwide mortgage fraud settlement.

A legal fight is brewing over the decision by lawmakers and the governor to tap a mortgage fraud settlement to help balance the budget.