Reuters Exclusive: NY attorney general says more evidence banks violated mortgage pact

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Reuters Exclusive: NY attorney general says more evidence banks violated mortgage pact

Reuters Exclusive: NY attorney general says more evidence banks violated mortgage pact

Shut these Mutha F****** Down!


Reuters-

New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses.

Schneiderman – who has said he plans to sue Bank of America and Wells Fargo for failing to live up to their obligations under the deal – said other states had found similar problems.

“Several other states have identified similar recurring deficiencies by the participating servicers,” Schneiderman said in a letter dated May 23 to the monitor for the settlement, former North Carolina Banking Commissioner Joseph Smith. The letter was obtained by Reuters on Friday.

[REUTERS]

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