One Year In, Schneiderman Goes His Own Way on Mortgages
When he took office, Schneiderman was invited to join a small group of state attorneys general known as the executive committee. This group was deep in negotiations with five large mortgage servicers, including Bank of America and JP Morgan Chase. The idea was to get a settlement with these banks that could bring in billions of dollars in aid for hundreds of thousands of troubled homeowners who’d been served faulty foreclosure documents, some of them including forged signatures.

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