Responses to AG Mortgage “Settlement” Terms

I received this information from Matt Stoller;  it’s a collection of links regarding various responses to the AG “settlement” term sheet that has been circulating:


The well-intentioned but doomed mortgage settlement

Mortgage Settlement Term Sheet: Bailout as Reward for Institutionalized Fraud

Foreclosure-Gate Settlement?

Flush The AGs: 27 Pages Of Fluff

Mortgage Industry To Face Massive Changes Under Regulators’ Plan; Homeowners, Investors Better Protected

Protesters rally in D.C. for harsher sanctions on mortgage servicers

Protests for a Harder Line Against the Banks
– George Geoul of NPA, who helped organize protests yesterday at Bank of America, came out strongly against the settlement:

– NPA has been pressuring Tom Miller consistently.

Banks Like Proposed Fraudclosure Settlement

Bank of America was up 5% today, the day after the settlement was announced.

BofA Segregates Almost Half of its Mortgages Into `Bad Bank’
BofA presentation:

By the Numbers: A Revealing Look at the Mortgage Mod Meltdown


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