All the state Attorney Generals made a deal with the devil, by accepting fines from the robo-signing banks in the mortgage scandal. The unintended consequence is that home values will continue to decline for years. Hey, at least California can keep the lights on for a few more months.
http://usawatchdog.com/mortgage-settlement-will-plunge-real-estate-values/#more-7122
Wednesday, February 15, 2012
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