” HUD secretary says – latimes.com
Foreclosure settlement to come in a ‘matter of weeks,’ HUD secretary says Buy long dated calls (Leaps) in Wells Fargo. Expectations are very low. Insider buying, housing near bottom (mortgage prices near rent equivalent), and this headline make for very compelling upside. June 2, 2011 | 4:49 pm A settlement between a coalition of federal and state agencies and banks over foreclosure practices will come in a “matter of weeks,” Shaun Donovan, secretary of Housing and Urban Development, told the Los Angeles Times. Donovan.Donovan Donovan’s agency is involved in the negotiations with the banks, along with attorneys general from all … Read more