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
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: http://www.dylanratigan.com/2011/03/08/america-fights-back-against-foreclosure/
– 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: http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9ODQ2NDh8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1
By the Numbers: A Revealing Look at the Mortgage Mod Meltdown