Wells Fargo to Face Suit for New York AG over Failure to Comply With Mortgage Settlement

This just in:

New York Attorney General Eric Schneiderman has filed Suit Against Wells Fargo

At least on State Attorney General has figured out what we already know, that the major servicers who are subject to the National Mortgage Settlement are not working in good faith to modify loans of homeowners facing foreclosure.

Separately Schneiderman reached and agreement with Bank of America to step up its efforts.


Marc Dann





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