NY AG: ‘Quick, Cheap $20-25B Multi-State Foreclosure Fraud Settlement Not Enough!’; Scneiderman “Stunned” To Find Probe Lacking In Docs, Depositions
Written by Administrator on June 30th, 2011The Rochester (New York) Democrat and Chronicle reports: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”
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Tags: $2025B, Cheap, Depositions, Docs, Enough, Find, Foreclosure, Fraud, Lacking, MultiState, Probe, Quick, Scneiderman, Settlement, Stunned
