FORECLOSURE SETTLEMENT — AG concedes legislators likely to decide where $14.1M goes

by Ted Carter Published: February 26,2012
Tags: Attorney General Jim Hood, Democrat, foreclosure, Geoff Greenwood, GOP, Gov. Phil Bryant, Maine, Mick Bullock, Mississippi Mississippi Business Journal, Missouri, National Mortgage Settlement, republican, robo-signing, Tom Miller, Wisconsin
Mississippi legislators will be the deciders in how to use a $14.2 million direct payment from a $25 billion national mortgage fraud settlement. Attorney General Jim Hood hopes legislators will allocate the money for such things as housing counseling, mortgage-education efforts and for programs to guide victimized homeowners through the settlement process. He concedes, however, [...] [...]

