Kentucky Attorney General Backs New York's Schneiderman In National Foreclosure Settlement Talks

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Kentucky Attorney General Backs New York’s Schneiderman In National Foreclosure Settlement Talks

Kentucky Attorney General Backs New York’s Schneiderman In National Foreclosure Settlement Talks

HuffPO-

NEW YORK — Kentucky Attorney General Jack Conway has added his name to a list of state law enforcers who fear that a settlement being negotiated among government officials and big banks isn’t backed by a sufficient investigation into potential wrongdoing.

As law enforcers approach a deal with banks to settle allegations that the companies improperly foreclosed on American homeowners, the banks are pushing for a broad release from liability for actions that have not yet been fully investigated, Conway said in a Thursday email to the Progressive Change Campaign Committee, obtained by The Huffington Post.

By raising these concerns, Conway has aligned himself with New York Attorney General Eric Schneiderman and law enforcers from other states who have questioned the adequacy of the groundwork underlying the settlement talks.

[HUFFINGTON POST]

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