posted July 16, 2018 06:03 PM            

July 16, 2018
California forced to give back $331 million stolen from home-owners
Thomas Lifson

What if the bluest state in the country stole a third of a billion dollars from victims of chicanery and the media refused to notice?

posted July 17, 2018 03:41 PM            

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Originally posted by Catalina:
Really. Seems someone must have heard about it.. and that in fact it didn't end up happening. If you want me to read American thinker or bitebarf.. please copy. Not clicking in their links😉

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posted July 17, 2018 07:06 PM            

After the fund was established, however, the state’s Finance Department appropriated the money, with legislative approval, to pay off deficits to the state agencies in charge of state housing bonds and other consumer-related measures. State lawyers argued that the payments were consistent with the mortgage settlement and were not subject to judicial review, but the court disagreed.

Not exactly a secret. Seems govt agencies disagreed about what to spend it on. What a surprise. Good thing Cal has a surplus to fix the situation with.

posted July 17, 2018 08:05 PM            

Filed 7/10/18
CERTIFIED FOR PUBLICATION
IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA THIRD APPELLATE DISTRICT (Sacramento) ----
NATIONAL ASIAN AMERICAN
COALITION et al.,
Plaintiffs and Appellants,
v.
EDMUND G. BROWN, JR., as Governor,
etc., et al.,
Defendants and Appellants.
C079835
(Super. Ct. No. 34201480001784CUWMGDS)
APPEAL from a judgment of the Superior Court of Sacramento County, Timothy M. Frawley, Judge. Reversed in part and remanded with directions.
REMCHO, JOHANSEN & PERCEL, Robin B. Johansen and Margaret R. Prinzing for Edmund G. Brown Jr., as Governor, and Michael Cohen, Director of Finance; Office of the State Controller, Richard J. Chivaro, Ronald V. Placet and David I. Brownfield for Betty T. Yee, Controller, Defendants and Appellants.
JENNER & BLOCK, Rick Richmond, L. David Russell, Neil M. Barofsky (admitted pro hac vice), Jessica Ring Amunson (admitted pro hac vice) and Robert L. Gnaizda for Plaintiffs and Appellants.

DISPOSITION
The portion of the judgment declining to issue the requested writ of mandate is reversed and the matter is remanded to the trial court with directions to issue a writ of mandate directing defendants, Edmund G. Brown Jr., Governor, Michael Cohen, Finance Director, and Betty Yee, Controller, to retransfer from the General Fund to the National Mortgage Settlement Deposit Fund the sum of $331,044,084. The parties shall bear their own costs on appeal. (Cal. Rules of Court, rule 8.278(a)(5).)

Leftist thieves stole $331 Million from the Mortgage Settlement Deposit Fund. Just doing what leftists always do. Grab other people's money.

posted July 18, 2018 12:08 PM            

And that not having noticed this item in the past leaves you thin on context.

posted July 18, 2018 03:32 PM            

quote:

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Originally posted by Catalina:
Yes and the original decision was years ago. It's ok i know it's hard to comprehend the Times after a steady diet of Bitebarf and the Tinker

And that not having noticed this item in the past leaves you thin on context.

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The original decision was a lower court ruling...which was appealed...with the Appeals Court overruling that decision.

Fact remains that Brown was a defendant in the court action. That Brown and others stole $331 Million from the funds which were established to help citizens who were foreclosed by banks and other lenders using fraudulent documents and tactics.