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State Attorneys General
Latest Headlines
Latest Headlines
New York AG’s cancels press conference
Once again, New York has found itself in the middle of a storm regarding the proposed settlement between states and big mortgage banks. In a surprising development, New York’s AG Eric...
Will California re-join the mortgage settlement process?
Will the state attorneys general ever ink a settlement with top banks and loan servicers over fraudulent mortgage practices? The negotiations have stretched on for so long now that they are becoming
Mortgage settlement talks nearing end
Reuters reports that big consumer mortgage banks have made strong headway recently in their talks with state attorneys general and federal regulators to definitively settle a raft of charges of
Bank of America's consumer unit slow to progress
Even though Bank of America has ceded the title of largest consumer bank in many areas, its consumer mortgage unit is still the largest in the industry, by dint of the disastrous Countrywide purchase
The comprehensive state mortgage settlement is dead
The reality that the coalition of state attorneys general had frayed in their attempt to reach a settlement over mortgage practices with big banks had settled in long before California decided that
MERS back in the spotlight
At the height of the foreclosure fiasco, MERS went from a little known computer database-driven company with roughly 50 employees to near-household name (if you had mortgage troubles anyway). The
States' settlement with banks pushed back again
Recall that just a few months ago, people were hopeful that state attorneys general would quickly wrap up settlement talks with the largest consumer banks and mortgage servicers. The idea was that a
Partial settlement coming on foreclosure fiasco
Any hope for a quick settlement to the foreclosure fiasco dissipated months ago, when it became clear that federal and states officials on one hand and lenders and servicers on the other hand were
Foreclosure settlement still far off
Anyone who was hoping for a quick settlement to the multi-prong probes of foreclosure practices by big banks and lenders has been sorely disappointed for months . When the state attorneys general
'Cash for keys' discussed in settlement talks
We still don't have settlement to the foreclosure fiasco, despite a lot of wrangling by banks and mortgage servicers on one side and a slew of government entities on the other, including the
