Calif. AG Gives Thumbs Down To Latest Version Of Nationwide F’closure Fraud Settlement; Says New Deal Still Falls Short For Golden State Homeowners
Written by Administrator on January 27th, 2012In Sacramento, California, The Sacramento Bee reports:Calling it “inadequate for California,” the state is rejecting the latest settlement proposal between states and major U.S. banks over lending abuses that fueled the foreclosure crisis.California Attorney General Kamala Harris pulled out of nationwide talks with the banks in October, saying the proposed $ 25 billion deal gave too much immunity
The Home Equity Theft Reporter
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