To: humblegunner
To: doc maverick
great catch...
Bank of America has been able to reduce a multi-billion dollar mortgage fraud penalty imposed by the Justice Department by giving millions of dollars to liberal groups approved by the Obama administration.
The bank has wiped about $194 million off its record $16.6 billion 2014 mortgage settlement by donating to nonprofits and legal groups. Thanks to little-known provisions in the settlement, the bank only had to make $84 million in donations to do that.
16 posted on
06/03/2016 3:33:56 PM PDT by
SpaceBar
To: doc maverick
another juicy tidbit from that wash-exam article...
Among the groups receiving the money were Hispanic civil rights group the National Council of La Raza ($1.5 million), the National Urban League ($1.1 million) and the Neighborhood Assistance Corporation of America ($750,000).
17 posted on
06/03/2016 3:36:28 PM PDT by
SpaceBar
To: doc maverick
23 posted on
06/04/2016 4:02:14 AM PDT by
WildHighlander57
((WildHighlander57, returning after lurking since 2000)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson