Some money from mortgage settlement to be diverted The Associated Press (AP) ? The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities. He's not the only politician eyeing ... States may tap mortgage money to fill budget gapsSan Francisco Chronicle
Pimco Said to Quit Mortgage-Bond Group After Foreclosure-Deal Disagreement Bloomberg The episode underscored Pimco's concern that the trade group doesn't advocate for debt buyers as well as banks that underwrite mortgages, the people said. The foreclosure agreement resolves state and federal probes into practices such as so-called ...
