"Stunned" AG Eric Schneiderman opposes foreclosure deal, Finds own probe much deeper problem

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“Stunned” AG Eric Schneiderman opposes foreclosure deal, Finds own probe much deeper problem

“Stunned” AG Eric Schneiderman opposes foreclosure deal, Finds own probe much deeper problem

Democrat and Chronicle-

New York Attorney General Eric Schneiderman expects to lead opposition to what he called a “quick, cheap settlement” of a 50-state investigation into foreclosure practices. Schneiderman put the monetary settlement being discussed with the largest U.S. mortgage servicers at $20 billion to $25 billion and said he will take “the hardest line” against it.

The probe began in October. New York launched its own investigation two months ago and, Schneiderman said, has found the problem is much deeper. He said he was “stunned” to find the multi-state probe so lacking that no documents or witness depositions had been obtained.

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2 Responses to ““Stunned” AG Eric Schneiderman opposes foreclosure deal, Finds own probe much deeper problem”

  1. More on Florida’s crony capitalism …

    Google up the recent Herald Tribune article – “Ethics reform ignored by Florida lawmakers.”

  2. John Anderson says:

    ALL 50 STATE ATTORNEY GENERALS ARE TRAITORS!

    This guy sounds like the cop in Casablanca
    I AM SHOCKED, SHOCKED TO FIND THAT GAMBLING HAS BEEN GOING ON HERE!

    HE HAS THE POWER TO BRING CIVIL AND CRIMINAL CHARGES AND INDICTMENTS. ALL 50 DO!
    SO ALL HIS MOUTH IS JUST MORE STALL JOB.

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