# California AG Harris joins the national mortgage settlement

Date: 2012

## The fact

On 9 February 2012 California Attorney General [Kamala Harris](/people/kamala-harris) joined a national mortgage settlement with large banks after holding out for a larger California share.

## Context

Other state AGs sat. Neighbouring Prop 19 is earlier. She did not write a federal housing statute.

Prop 19 2010 is neighbouring. Senate 2016 is later.

The Vice President of the United States presides over the Senate, casts tie-breaking votes, and carries delegated [White House](/organizations/white-house) portfolios. She does not write House bills, CBP operational orders, or Federal Reserve rate decisions. A vice president is not co-author of every presidential statute.

## Evidence and sources

California Department of Justice carries the official instrument or communique. Reuters records the same dated act independently.

## Significance

The path is [household purchasing power](/drivers/household-purchasing-power) and [institutional corruption](/drivers/institutional-corruption): a completed bank settlement is a dated household-relief and accountability instrument.

## What is established and what is not

Established: 9 February 2012 California participation in the national mortgage settlement, independently reported.

Not established: a unique later home-price coefficient from that Thursday, or that every later foreclosure was thereby prevented.

What would change the picture: a contradictory original with a different date or name, a later repeal, a court that vacated the instrument, or a measured series that can be argued, with lag and alternatives, as a consequence of this instrument rather than of later institutions.

The date is the date of this instrument, not a licence to back-date every later harm or benefit.

Other AGs and DOJ sat. Banks paid. Servicers implemented.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies California AG Harris joins the national mortgage settlement, not a later speech about California AG Harris joins the national mortgage settlement.

Co-authors and later implementers named in Context remain on the file. California AG Harris joins the national mortgage settlement on 2012-02-09 is not a licence to treat every later California Department of Justice communique as this same act. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. This dossier refuses to average California AG Harris joins the national mortgage settlement into a personality. The contribution described on this Person row is limited to She negotiated California’s share. Other AGs and DOJ sat. Banks paid. Servicers implemented. That limit is the alternative to treating office-holding as authorship of every later series.

## People

- Kamala Harris: https://factrail.ai/people/kamala-harris

## Drivers

- Household Purchasing Power: https://factrail.ai/drivers/household-purchasing-power
- Institutional Corruption: https://factrail.ai/drivers/institutional-corruption

## Sources

- https://www.reuters.com/article/us-usa-foreclosures-idUSTRE8180N120120209
- https://oag.ca.gov/

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/us-harris-mortgage-2012