What’s Inside the $25 Billion Mortgage Settlement: An Early Look

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1. I uploaded the 42 pages to my Scribd account.

http://www.scribd.com/doc/81632035/81588406-Settlement-Term-Sheet-Settlement-Agreement-Feb-2012

Housing Agency's Reserves at Risk

http://online.wsj.com/article/SB10001424052970204795304577221222265037002.html?mod

The estimates by the White House's Office of Management and Budget show that the FHA's capital reserves, which stood at $4.7 billion in October, would be wiped out in the coming year, forcing the agency to seek nearly $700 million from the U.S. Treasury.

FHA officials said they could collect as much as $1 billion from last week's settlement between federal agencies, 49 state attorneys general, and five banks as a result of false claims submitted to the agency.