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Tag Archives: eric schneiderman
Attorney Generals Bank Settlement Talks Drag On
The Obama administration plans to extort at least $20 billion from the banks to settle various government probes over inadequate paperwork processing for mortgages. Blaming the rich is the major theme from Barack Obama these days. He thinks that will … Continue reading
Posted in Foreclosure, mortgage, Politics
Tagged bank of america corp, eric schneiderman, jpmorgan chase, kamala harris, martha coakley, state attorneys general
Comments Off on Attorney Generals Bank Settlement Talks Drag On
Bank of America Ready To Settle Foreclosure Probe
Over the past year, Bank of America has written down and paid out about $30 billion to settle claims with its mortgage division. The bank is ready to settle a foreclosure probe with most of the state Attorney Generals. Without … Continue reading
Posted in Banks, Foreclosure, mortgage
Tagged bank of america corp, eric schneiderman, federal probe, mortgage division, state attorney generals, state attorneys
Comments Off on Bank of America Ready To Settle Foreclosure Probe
Foreclosure Settlement Talks With Big Banks
Flooded by foreclosures, America’s biggest banks were imperfect in their processing of mortgage defaults. To punish the banks and to accumulate a nice slushfund to bribe voters, Democrat politicians want to extract about $20 billion from the banks. As a … Continue reading
Posted in Banks, mortgage, Politics
Tagged bank stocks, biggest banks, eric schneiderman, mbia inc, new york attorney general, toilet report
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Politicians Still Eager To Blame Banks For The Mortgage Meltdown
I don’t hear many politicians talk about their responsibility for the housing crash. What about the lowered lending standards they pushed through for blacks and latinos? What about forcing banks to lend money to people who are not credit worthy? … Continue reading
Posted in Banks, mortgage, Politics
Tagged california attorney general, criminal prosecutions, eric schneiderman, law enforcement effort, new york state attorney general, state attorney general
Comments Off on Politicians Still Eager To Blame Banks For The Mortgage Meltdown
Politicians Eager To Find Wall Street Responsible For The Housing Crash
Politicians are not as eager to investigate their own interventions into the free market, destroying what had been the most reliable investment around — mortgages. The New York Post reports: Several high-profile investigations, including one by New York State Attorney … Continue reading
Posted in mortgage, Politics
Tagged eric schneiderman, goldman sachs, mortgage meltdown, mortgage practices, profile investigations, state attorney general
Comments Off on Politicians Eager To Find Wall Street Responsible For The Housing Crash