First take on AG agreement on foreclosure
Naked Capitalism posts today on the AG agreement in Settlement Breakdown by State Plus Other Official Propaganda:
This agreement is very significant in how it addresses the fraud that these banks committed against many homeowners across our state,” said ___.“ This agreement not only provides much needed relief to (STATE) [Ha ha, fill in the blank!!!] borrowers, but it also puts a stop to many of the bad [criminal] behaviors that contributed to the mortgage mess in our state and across the country.
Addresses the fraud is part of the news announcement?
Update: Also listen to William Black on Econtalk about bank fraud.