CHARLOTTE, N.C. -- California Attorney General Kamala Harris said in her Wednesday speech at the Democratic National Convention that the $25 billion settlement between the government and the nation's largest banks shows President Barack Obama's leadership.

"President Obama stood with me and 48 other attorneys general in taking on the banks and winning $25 billion for struggling homeowners," Harris said, noting that Obama also supported credit card and Wall Street reform.

"That's leadership!" Harris continued. "That's what President Obama did. And that's why we need to give him another four years. We need to move forward. President Obama will fight for working families. He will fight to level the economic playing field and fight to give every American the same fair shot my family had."

The Obama administration joined state attorneys general in negotiating a February settlement with the nation's five largest banks following revelations in 2010 that banks had been forging documents in the foreclosure process. The settlement is supposed to provide relief to homeowners in the form of mortgage modifications, reduced principal, and even small cash payments in cases of wrongful foreclosure.

Homeowner advocates have taken a dim view of the settlement, claiming that banks' mortgaging servicing divisions continue to abuse homeowners as before. The California Reinvestment Coalition said last week that settlement progress reports indicate "banks have made little progress on providing principal reduction to California homeowners, and instead have prioritized short sales -- a tool that represented business as usual for banks before the settlement was ever announced."

Republican presidential candidate Mitt Romney, for his part, has alternated between saying the government should let the housing market "hit bottom" and that the government should "help people" deal with their banks. The housing issues page on Romney's website is vague.

"That's not leadership," Harris said, referring to Romney. "Doing nothing while the middle class is hurting. That's not leadership. Loose regulations and lax enforcement. That's not leadership. That's abandoning our middle class."

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  • President Barack Obama laughs with his wife Michelle and his daughters Malia and Sasha after his speech to the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. (AP Photo/Lynne Sladky)

  • President Barack Obama waves with his wife Michelle and his daughters Malia and Sasha after his speech to the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. (AP Photo/Lynne Sladky)

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    Vice President Joe Biden and President Barack Obama wave to the delegates at the conclusion of Presdident Obama's speech at the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. (AP Photo/J. Scott Applewhite)

  • President Barack Obama waves with his wife Michelle and his daughters Malia and Sasha after his speech to the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. (AP Photo/Lynne Sladky)

  • President Barack Obama waves with his wife Michelle and his daughters Malia and Sasha after his speech to the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. (AP Photo/Lynne Sladky)

  • President Barack Obama waves with his wife Michelle and his daughters Malia and Sasha after his speech to the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. (AP Photo/Lynne Sladky)

  • President Barack Obama waves with his wife Michelle and his daughters Malia and Sasha after his speech to the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. (AP Photo/Charlie Neibergall)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama stands with his family, (L-R) First lady Michelle Obama, Sasha Obama, and Malia Obama during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Chip Somodevilla/Getty Images)

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    US President Barack Obama, First Lady Michelle Obama, daughters Malia (L) and Sasha (C) wave after Obama's acceptance speech at the Time Warner Cable Arena in Charlotte, North Carolina, on September 6, 2012 on the final day of the Democratic National Convention (DNC). AFP PHOTO Stan HONDA (Photo credit should read STAN HONDA/AFP/GettyImages)

  • Barack Obama

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  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage as he accepts the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Win McNamee/Getty Images)

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    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage as he accepts the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Streeter Lecka/Getty Images)

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    CHARLOTTE, NC - SEPTEMBER 06: (L-R) Marian Robinson, Malia Obama, Sasha Obama, First lady Michelle Obama and Second lady Dr. Jill Biden watch as Democratic presidential candidate, U.S. President Barack Obama speaks on stage during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Scott Olson/Getty Images)

  • From left, Michelle Obama's mother Marian, Malia and Sasha Obama, their mother Michelle and Dr. Jill Biden, wife of Vice President Biden, listen to President Barack Obama at the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. (AP Photo/Lynne Sladky)

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    US President Barack Obama as he delivers his acceptance to run for a second term as president at the Time Warner Cable Arena in Charlotte, North Carolina, on September 6, 2012 on the final day of the Democratic National Convention (DNC). AFP PHOTO Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/GettyImages)

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    The First family welcomes US President Barack Obama as he delivers his acceptance to run for a second term as president at the Time Warner Cable Arena in Charlotte, North Carolina, on September 6, 2012 on the final day of the Democratic National Convention (DNC). From L-R, first row: Mother-in-law Marian Robinson, daughter Malia, daughter Sasha, First Lady Michelle Obama, Second Lady Dr. Jill Biden and Mrs.Obama's brother Craig Robinson (3rd R, second row). AFP PHOTO Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/GettyImages)

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    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama claps on stage as he accepts the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Win McNamee/Getty Images)

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    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage to accept the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Chip Somodevilla/Getty Images)

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    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage as he accepts the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Kevork Djansezian/Getty Images)

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    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage as he accepts the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Joe Raedle/Getty Images)

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    First daughters Malia (L) and Sasha (C) confer as US President Barack Obama delivers his acceptance to run for a second term as president at the Time Warner Cable Arena in Charlotte, North Carolina, on September 6, 2012 on the final day of the Democratic National Convention (DNC). AFP PHOTO Robyn BECK (Photo credit should read ROBYN BECK/AFP/GettyImages)

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    First Lady Michelle Obama (R) looks over at daughters Malia (L) and Sasha (C) as US President Barack Obama delivers his acceptance to run for a second term as president at the Time Warner Cable Arena in Charlotte, North Carolina, on September 6, 2012 on the final day of the Democratic National Convention (DNC). AFP PHOTO Robyn BECK (Photo credit should read ROBYN BECK/AFP/GettyImages)

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    First Lady Michelle Obama (2nd R) looks over at daughters Malia (L) and Sasha (C) as US President Barack Obama delivers his acceptance to run for a second term as president at the Time Warner Cable Arena in Charlotte, North Carolina, on September 6, 2012 on the final day of the Democratic National Convention (DNC). AFP PHOTO Robyn BECK (Photo credit should read ROBYN BECK/AFP/GettyImages)

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    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage to accept the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Justin Sullivan/Getty Images)

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    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage to accept the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Chip Somodevilla/Getty Images)

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  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: (L-R) Malia Obama, Sasha Obama, First lady Michelle Obama and Second lady Dr. Jill Biden watch as Democratic presidential candidate, U.S. President Barack Obama speaks during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Justin Sullivan/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: First lady Michelle Obama hughs Democratic presidential candidate, U.S. President Barack Obama on stage during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Justin Sullivan/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama hugs his wife First lady Michelle Obama during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Alex Wong/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama waves on stage during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Justin Sullivan/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: (L-R) Malia Obama, Sasha Obama, and First lady Michelle Obama watch as Democratic presidential candidate, U.S. President Barack Obama speaks on stage during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Justin Sullivan/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama walks on stage to join First lady Michelle Obama during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Streeter Lecka/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama walks on stage to join First lady Michelle Obama during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Streeter Lecka/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama walks on stage during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Justin Sullivan/Getty Images)

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    CHARLOTTE, NC - SEPTEMBER 06: First lady Michelle Obama introduces Democratic presidential candidate, U.S. President Barack Obama during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Alex Wong/Getty Images)

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    CHARLOTTE, NC - SEPTEMBER 06: Democratic vice presidential candidate, U.S. Vice President Joe Biden waves with his wife Second lady Dr. Jill Biden after speaking on stage during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Chip Somodevilla/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic vice presidential candidate, U.S. Vice President Joe Biden hugs his wife Second lady Dr. Jill Biden after speaking during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Chip Somodevilla/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic vice presidential candidate, U.S. Vice President Joe Biden speaks on stage during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Alex Wong/Getty Images)

  • Obama Accepts Nomination On Final Day Of Democratic National Convention

    CHARLOTTE, NC - SEPTEMBER 06: Democratic vice presidential candidate, U.S. Vice President Joe Biden speaks on stage during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Alex Wong/Getty Images)

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