- $3 million directed for subsidized law enforcement housing
In-Forum
WILLISTON, ND – Attorney General Wayne Stenehjem announced Wednesday he's directing $3 million from the state's share of a lawsuit settlement to subsidize housing for law enforcement in the Oil Patch. WILLISTON, ND – Attorney General Wayne Stenehjem ... 
VentureBeatActivision and EA settle Infinity Ward lawsuit
VentureBeat
Video game publishers Activision Blizzard and Electronic Arts have reached a settlement in their lawsuit over Jason West and Vince Zampella, the former heads of Call of Duty developer Infinity Ward, the companies announced on Wednesday.and more » - Brown Targets Mortage Settlement Funds For State Budget Gap
Kbps
Jerry Brown is trying to balance a state budget that has a $16 billion shortfall, and mortgage counselors say he's doing it by raiding a settlement fund intended for homeowners facing foreclosure. The huge settlement with the nation's mortgage banks ...and more » - More Details on Foreclosure Fraud Settlement Fund Raid
Firedoglake
Today, they're out with the bombshell that states are diverting the hard dollar funds from the settlement, money meant to go to help homeowners, to fill budget gaps. Only this has been happening almost immediately since the announcement of the ...and more » 
The Real Deal New York (blog)States use foreclosure settlement funds to fix budgets, not housing market
The Real Deal New York (blog)
The US government's settlement against five big banks was supposed to benefit distressed homeowners, but many states cannot resist diverting the funds to make-up for budget shortfalls, the New York Times reported. When the government reached the ...and more » - Forsythe, et al. v. ESC Fund Mgmt. Co. (U.S.) I, L.P., et al., C.A. No. 1091 ...
JD Supra (press release)
The underlying derivative lawsuit was filed in February 2005. In March 2011, one week before the scheduled trial, the parties reached agreement on a proposed settlement during a mediation session with former Vice Chancellor Stephen P. Lamb, ...and more » 
Mortgage Rates & Trends (blog)Diversion of Mortgage Settlement Money Continues
Mortgage Rates & Trends (blog)
By Michael Kraus on May 16, 2012 I discussed this topic a little bit yesterday, but in light of a New York Times article by Shaila Dewan this morning, I think it is worth further delving into the diverting of mortgage settlement funds to make up state ...and more » - States Divert Mortgage Settlement Funds to Cover Shortfalls
eCreditDaily.com
The remaining 15 states have confirmed that they will use all or part of the settlement funds for the intended – but not required – purpose of helping desperate homeowners or preventing foreclosure fraud. Some of the cash-strapped states are using the ...and more » 
Legal News LineW.Va. AG, facing Eastern Panhandle opponent, opens office there
Legal News Line
"Even though the Legislature is supposed to have the 'power of the purse' to control state spending, McGraw has unilaterally decided, in an election year nonetheless, to use state lawsuit settlement funds to open a satellite office without legislative ...and more » - States divert housing funding to plug budget gaps
Longview News-Journal
The money was part of a national settlement valued at $25 billion and negotiated with five big banks over abuses in their mortgage and foreclosure processes. The settlement, reached in February after a year of talks and intervention by the Obama ...and more »
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