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Friday, June 1, 2012

''Billion Dollar Bait & Switch: States Divert Foreclosure Deal Funds''

From ProPublica

''States have diverted $974 million from this year’s landmark mortgage settlement to pay down budget deficits or fund programs unrelated to the foreclosure crisis, according to a ProPublica analysis. That’s nearly forty percent of the $2.5 billion in penalties paid to the states under the agreement.''

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