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Letters: Where’s the money for homeowners?

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Re “Faces of subprime lending’s legacy,” Business, Oct. 23

In February, the secretary of Housing and Urban Development said that the states would be using much of the $25 billion in settlement money from the nation’s largest mortgage servicers to provide “immediate relief to homeowners.” Gov. Jerry Brown used California’s share of the settlement money — about $410 million — to help close the state’s budget deficit.

Those facing foreclosure should file a class-action suit against the governor to require that all of the $410 million go toward providing immediate relief to homeowners. You can also vote no on Proposition 30 to get the governor’s attention.

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Robert M. Green

San Dimas

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