The 2012 Mortgage Settlement

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The 2012 settlement with banks was supposed to provide relief for Americans with underwater home mortgages. After Iowa Attorney General Tom Miller (D) was announced as the lead negotiator, he received 88 times more political donations. The deal he negotiated asked banks to help fix the problem, through principal reductions and cash payments, but it was only a drop in the bucket.
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Added: 10 months ago

Rank: 827 of 1324 in Politics

Tags: mortgage crisis, mortgage assistance, corruption, banking crisis

Source: http://www.republicreport.org/2012/mortgage-settlement/

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