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Expanding Reach, Cuomo Creates Second Cop on Financial Beat

Expanding Reach, Cuomo Creates Second Cop on Financial Beat


“It’s not common to have a combined regulatory and enforcement function,” he said, adding, “It’s effectively very competitive with the attorney general’s jurisdiction.”

The two agencies are publicly cordial, but behind the scenes they are much like two boxers feeling each other out in an opening round. Already, turfs are overlapping.

 NYT-

Benjamin M. Lawsky is not the attorney general of New York State.

But one could be forgiven for being confused. Since Gov. Andrew M. Cuomo installed him as superintendent of a new state agency, the Department of Financial Services, which became active in October, Mr. Lawsky has been making headlines normally associated with attorneys general.

He has forced insurers to turn over more than $100 million in unpaid death benefits to surviving family members, dispatched rafts of subpoenas to banks, and pressed lenders to curb abusive foreclosure practices.

[NEW YORK TIMES]

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UP w/ Chris Hayes | NY Attorney General Eric Schneiderman on President Obama’s Mortgage Crisis Unit

UP w/ Chris Hayes | NY Attorney General Eric Schneiderman on President Obama’s Mortgage Crisis Unit


I’ve watched several of Chris’s videos and he has a way of explaining foreclosure fraud very well & always asks the right questions. This is a great video for those who are just in the beginning stages.

Must watch in its entirety…

New York Attorney General and co-chair of President Obama’s new mortgage crisis unit Eric Schneiderman talks with Chris about his expectations for the new mortgage crisis investigations.

Visit msnbc.com for breaking news, world news, and news about the economy

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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UP w/ Chris Hayes | The Foreclosure Tsunami

UP w/ Chris Hayes | The Foreclosure Tsunami


Occupy Our Homes, Chris’s Story of the Week: The Foreclosure Tsunami

-Brett Brownell (@brettbrownell) is video and web producer for Up with Chris Hayes.

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