ExtremeHarvardRadical.com: Josh Stein’s $638,313 Payday

Washington, D.C. – The latest news on www.ExtremeHarvardRadical.com, exposes Josh Stein’s big payday thanks to a sweetheart insider deal.

“Josh Stein is a hypocritical liberal who attacks free enterprise but is happy to make huge crony capitalist profits for himself,” said RAGA spokesman Jordan Russell. “North Carolina does not need an attorney general with extreme Harvard radical views, or one who uses public office to fatten his own bottom line. With Josh Stein, North Carolina would get both in one person.”

Fact Sheet:

Stein Is An “Of Counsel” Member Of Smith, Moore, Leatherwood’s Litigation Group. (Josh Stein, Smith, Moore, Leatherwood, Accessed 3/20/16)

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(Josh Stein, Smith, Moore, Leatherwood, Accessed 3/20/16)

Stein Has Been With Smith, Moore, Leatherwood Since March 2012. “Of counsel; Smith Moore Leatherwood LLP; March 2012 – Present (4 years 1 month) Raleigh-Durham, North Carolina Area.” (Joshua Stein, LinkedIn, Accessed 2/26/16)

National Mortgage Settlement

Stein Was Retained By A Former North Carolina Banking Commissioner To Oversee A $25 Billion Legal Settlement With Five Of The U.S.’s Largest Bank For Egregious Foreclosure Practices

In 2012, Former North Carolina Banking Commissioner, Joseph Smith, Jr., Resigned To Oversee A $25 Billion Legal Settlement With Five Of The U.S.’s Largest Banks For Egregious Foreclosure Practices.  (Brady Dennis, “Banks Settlement Monitor Faces A Daunting Task,” The Washington Post, 4/19/12)

Smith’s Primary Role Was To Ensure That The Banks Overhaul Their “Troubled” Mortgage Servicing Operations. (Brady Dennis, “Banks Settlement Monitor Faces A Daunting Task,” The Washington Post, 4/19/12)

Stein Was Retained By Smith As An Attorney And “Forensic Accountant.”(Brady Dennis, “Banks Settlement Monitor Faces A Daunting Task,” The Washington Post, 4/19/12)

The Settlement Left Smith “Plenty Of Discretion” In Policing The Mortgage-Related Activities Of The Banks. (Brady Dennis, “Banks Settlement Monitor Faces A Daunting Task,” The Washington Post, 4/19/12)

Stein’s Firm Received $638,313 From The Office Of Mortgage Settlement Oversight For “Legal – Monitoring Compliance”

Stein’s Firm Received $638,313 From The Office Of Mortgage Settlement Oversight For “Legal – Monitoring Compliance.” (Form 990, Office Of Mortgage Settlement Oversight, Filed 2/5/14)

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(Form 990, Office Of Mortgage Settlement Oversight, Filed 2/5/14)

In 2014, Smith Was Compensated $512,500 By The National Mortgage Settlement. (Form 990, Office Of Mortgage Settlement Oversight, Filed 1/16/15)

Smith Had Previously Been Nominated By President Obama To Lead The Federal Housing Finance Agency, But He Ultimately Withdrew His Nomination

In 2010, President Obama Nominated Smith To Lead The Federal Housing Finance Agency, But He Withdrew His Name After Republicans Held Up His Confirmation. (Brady Dennis, “Banks Settlement Monitor Faces A Daunting Task,” The Washington Post, 4/19/12)

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About RAGA: The Republican Attorneys General Association (RAGA) is the only national organization whose mission is electing Republicans to the Office of State Attorney General. In 2014 Republican attorneys general became the clear majority, for the first time in our country’s history, increasing the total number of Republican attorneys general from 24 to 27, protecting all our 12 incumbents and turning three states from blue to red, by investing nearly $14 million into political spending.

http://www.republicanags.com/ 

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