New York AG to sue Wells Fargo and Bank of America

The New York AG announces a lawsuit against Wells Fargo and a settlement with Bank of America over alleged violations of the. In a statement, the bank said it was disappointed in the AG’s decision.

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NEW YORK (Legal Newsline) – New York Attorney general eric schneiderman announced his intention Monday to sue Wells Fargo and Bank of America for allegedly engaging in repeated violations of the terms.

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As part of his ongoing effort to protect New York homeowners and enforce the terms of the national mortgage settlement, Attorney General Schneiderman announced that he is suing Wells Fargo and has.

Though the worst of the mortgage foreclosure crisis may be in the rear view mirror, the fallout from questionable lending and banking practices linger.

NEW YORK (Reuters) – New York Attorney General Eric Schneiderman said on Monday he plans to sue Bank of America Corp and Wells Fargo and Co for violating the. “We hope this action by the AG will.

Foreclosure Fraud: Judge and Bankster caught on video, Juan B. Colas, Anchor Bank Pt.1  · NY AG Schneiderman to Sue Wells Fargo & BofA 10:01 AM ET Mon, 6 May 2013 New York attorney general Eric Schneiderman is bringing a lawsuit against two big banks, reports CNBC.

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New York To Sue Wells Fargo And Bank of America Business & Finance The attorney general of New York said that he has plans about suing the major lenders that are Wells Fargo and Bank of America for violating mortgage settlement of $25bn.

New York Attorney General Eric Schneiderman said Monday he may sue Wells Fargo and Bank of America for allegedly violating the terms of last year’s multi-state mortgage settlement, despite questions over his authority to do so. The agreement, reached by the Department of Justice, Department of.

 · But, in response to Voice inquiries, spokespersons from Wells Fargo and Bank of America both argued that the AG is opting to sue instead of resolving it in a civil manner while disregarding the.

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Fielding complaints from borrowers struggling to save their homes, New York State’s top prosecutor is preparing a lawsuit against Wells Fargo, accusing the bank, the largest home lender in the United States, of flouting the terms of a multibillion-dollar settlement aimed at stanching foreclosure abuses.