{"id":3282,"date":"2016-04-03T19:03:56","date_gmt":"2016-04-03T19:03:56","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=3282"},"modified":"2016-04-03T19:03:56","modified_gmt":"2016-04-03T19:03:56","slug":"bank-mortgage-settlements-total-144-billion-where-did-it-go","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/proseaction\/?p=3282","title":{"rendered":"Bank Mortgage Settlements Total $144 Billion\u2014\u2014Where Did It Go?"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/davidstockmanscontracorner.com\/bank-mortgage-settlements-total-144-billion-where-did-it-go\/','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/davidstockmanscontracorner.com\/bank-mortgage-settlements-total-144-billion-where-did-it-go\/\\'&gt;Bank Mortgage Settlements Total $144 Billion--Where Did It Go?&lt;\/a&gt;In 2011, Bank of America agreed to pay $8.5 billion to mortgage bond holders like Blackrock and Pimco for loans mostly originated by Countrywide, so obviously something went terribly wrong there.In 2012, the five largest banks agreed to pay $25 billion in penalties and \\&quot;borrower relief,\\&quot; so very well done there.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fdavidstockmanscontracorner.com%2Fbank-mortgage-settlements-total-144-billion-where-did-it-go%2F\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/davidstockmanscontracorner.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;David Stockman\\'s Contra Corner&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><a class='embedly-title' target='_blank' href='http:\/\/davidstockmanscontracorner.com\/bank-mortgage-settlements-total-144-billion-where-did-it-go\/'>Bank Mortgage Settlements Total $144 Billion&#8211;Where Did It Go?<\/a>In 2011, Bank of America agreed to pay $8.5 billion to mortgage bond holders like Blackrock and Pimco for loans mostly originated by Countrywide, so obviously something went terribly wrong there.In 2012, the five largest banks agreed to pay $25 billion in penalties and &#8220;borrower relief,&#8221; so very well done there.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fdavidstockmanscontracorner.com%2Fbank-mortgage-settlements-total-144-billion-where-did-it-go%2F\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/davidstockmanscontracorner.com\" class=\"media-attribution-link\" target=\"_blank\">David Stockman&#8217;s Contra Corner<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bank Mortgage Settlements Total $144 Billion&#8211;Where Did It Go?In 2011, Bank of America agreed to pay $8.5 billion to mortgage bond holders like Blackrock and Pimco for loans mostly originated by Countrywide, so obviously something went terribly wrong there.In 2012, &hellip; <a href=\"http:\/\/fenello.com\/oldnews\/proseaction\/?p=3282\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-3282","post","type-post","status-publish","format-standard","hentry","category-proseaction"],"_links":{"self":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/3282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=3282"}],"version-history":[{"count":1,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/3282\/revisions"}],"predecessor-version":[{"id":3283,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/3282\/revisions\/3283"}],"wp:attachment":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=3282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=3282"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=3282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}