Schneiderman serves top federal officials in tackling mortgage abuses
As co-chairman of a new mortgage investigation unit announced last night by President Barack Obama, New York Attorney General Eric Schneiderman will work with federal agencies and state attorneys general to investigate parties that contributed to the global financial crisis by pooling and selling residential mortgage-backed securities. The Unit on Mortgage Origination and Securitization Abuses will be run through the President’s Financial Fraud Enforcement Task Force.
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