Press Play with Madeleine Brand
California Sued Over Diversion of Money From National Mortgage Settlement
Six years after the financial crisis, a lot of people are still struggling to hang onto their houses. And help is hard to come by. Now, 3 nonprofit groups are suing California. The suit says the state misused nearly $370 million that were supposed to help people facing foreclosure.
By Madeleine Brand • • 1 min readSix years after the financial crisis, a lot of people are still struggling to hang onto their houses. And help is hard to come by. Now, 3 nonprofit groups are suing California. The suit says the state misused nearly $370 million that were supposed to help people facing foreclosure. Meanwhile, a new report says the Justice Department has basically stopped investigating mortgage fraud cases. Are our local and federal authorities giving up on cleaning up the mortgage mess?
