 In June 2012, the Monitor (Joseph A. Smith, Jr.) of the National Mortgage Settlement announced he engaged BDO USA, LLP as his primary professional firm.BDO will join the Monitor and his team for a period of three and a half years as they oversee implementation of the historic National Mortgage Settlement involving 49 states, the United States government and five of the nation's largest banks.BDO has been involved in a number of engagements which resulted in major litigation and press attention.