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Consider the last big mortgage settlement.
And under the mortgage settlement, it could receive a credit.
That's mostly what this mortgage settlement is about.
The national mortgage settlement, forged with large banks in 2012, required servicers to adopt new standards.
Not all of the 49 states were equal winners in the national mortgage settlement, for instance.
TODAY'S recommended economics writing: Mortgage settlement "progress" report gooses numbers (Yves Smith) Which Bond villain plan would have worked?
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But Mr. Inwald, the foreclosure-prevention specialist, said he was baffled by the governor's response because the mortgage-settlement money was many months from being available.
Wells Fargo, which has helped 70,000 homeowners through the settlement, is "committed to full compliance with the National Mortgage Settlement and its associated standards," according to Vickee J. Adams, a Wells Fargo spokeswoman.
Under the terms of the National Mortgage Settlement, reached between five of the nation's biggest banks and 49 state attorneys general, mortgage lenders are required to increase oversight of third-party vendors.
The National Mortgage Settlement, for example, was touted by Holder's Justice Department as a $25bn deal.
A new report this week by the Office of Mortgage Settlement Oversight does little to erase the concern.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com