Moore Calls on Walker, Van Hollen to Use Mortgage Settlement Funds to Help Homeowners

Today, Congresswoman Gwen Moore (WI-4) released the following statement in response to the decision by Wisconsin Governor Scott Walker and state Attorney General J.B. Van Hollen to use a portion of the state's $140 million share of a national settleme

Milwaukee, WI – Today, Congresswoman Gwen Moore (WI-4) released the following statement in response to the decision by Wisconsin Governor Scott Walker and state Attorney General J.B. Van Hollen to use a portion of the state’s $140 million share of a national settlement over foreclosure and mortgage-servicing abuses to help the state budget rather than assist troubled homeowners.

“Thousands of Wisconsin families continue to struggle as a result of the fraudulent behavior of Wall Street.  It is simply not fair for Governor Walker and Attorney General Van Hollen to siphon money from this agreement that was meant to help Wisconsinites to bailout the state budget. I believe the monies from the settlement should be used as they were intended - to help the struggling families of Wisconsin whose homes were foreclosed upon. I call upon Mr. Walker and Mr. Van Hollen to use those funds specifically for those purposes.”

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