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California ordered to immediately return subprime crisis money 'unlawfully diverted' to general fund

By John Breslin | Jul 25, 2018

SACRAMENTO, Calif. (Legal Newsline) – California must immediately return more than $300 million transferred to the state's general fund from its share of billions of dollars paid by the country's largest mortgage services companies for their alleged roles in the subprime mess.

Virginia attorney general announces $63 million recovery from 11 banks in fraud case

By Mark Iandolo | Jan 26, 2016

RICHMOND (Legal Newsline) — Virginia Attorney General Mark R. Herring announced the recovery of more than $63 million from 11 banks, settling allegations the banks misled the commonwealth of Virginia and the Virginia Retirement System (VRS).

Delaware AG proposes financial crisis settlement funds to be used to build communities

By Mark Iandolo | Jan 5, 2016

DOVER, Del. (Legal Newsline) – Delaware Attorney General Matt Den, backed by community leaders, has revised his proposal for using funds from the financial crisis settlement on crime prevention, housing, substance abuse treatment, after-school and summer school programs, prisoner re-entry, and education.

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