Kamala Harris: National Mortgage Deal Still Not Good Enough For California – Huffington Post

One day after New York Attorney General Eric Schneiderman was named co-chairman of a federal mortgage fraud task force, California Attorney General Kamala Harris announced that she still refuses to join the national foreclosure settlement …
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As Mortgage Settlement Deal Nears Feb. 3 Deadline, Nevada AG Raises Important Concerns – Huffington Post
As the Obama administration, state attorneys general and the nation’s biggest banks close in on a settlement over allegations of widespread mortgage fraud, Nevada’s attorney general is pushing back with concerns and questions. Meanwhile a Feb. 3 … Go to Source…

New York Sues 3 Big Banks Over Mortgage Database – New York Times
Attorney General Eric T. Schneiderman of New York sued three major banks on Friday, accusing them of fraud in their use of an electronic mortgage database that he said resulted in deceptive and illegal practices, including false documents in … Go to Source…

New Yorkers to get $790M from mortgage $ettlement – New York Post
Hard-charging New York Attorney General Eric Schneiderman scored roughly $790 million in payments for hobbled homeowners in the Empire State. About 6,400 homeowners in the state may be eligible for payments of as much as $2,000, resulting from the $25 … Go to Source…

New Yorkers to get $790M from mortgage $ettlement – New York Post
Hard-charging New York Attorney General Eric Schneiderman scored roughly $790 million in payments for hobbled homeowners in the Empire State. About 6,400 homeowners in the state may be eligible for payments of as much as $2,000, resulting from the $25 … Go to Source…

Attorneys-general look into bank behavior in mortgage mess
New York Attorney General Eric Schneiderman and Delaware Attorney General Beau Biden are looking into whether Wall Street firms bothered to pass along the appropriate paperwork when they took individual home loans and repackaged them into securities for sale. New York Times’ Gretchen Morgenson and Housing Finance Expert Josh Rosner discuss the mortgage mess on msnbc. (Dylan Ratigan Show) Go to Sou…

California, Nevada Team Up To Prosecute Mortgage Fraud – Huffington Post
California and Nevada’s attorneys general are expected to announce Tuesday that they are teaming up to prosecute mortgage fraud in their respective states, according to sources familiar with the discussions. The planned cooperation between the … Go to Source…

What happens if AG mortgage deal falls through? – Reuters UK
With the news Wednesday that Massachusetts Attorney General Martha Coakley has “lost confidence” in the multistate AG talks with five big banks and is revving up to sue, coupled with last week’s announcement by California AG Kamala … Go to Source…

Mortgage deal nears as holdout states join – Yahoo Finance
(Reuters) – California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with the matter. Florida, with its … Go to Source…

Freddie Mac names Ross Kari as new CFO – Seattle Post Intelligencer
Freddie Mac has named Ross Kari as its new chief financial officer. Kari joins the government-controlled mortgage finance company from Fifth Third Bancorp, where he had been CFO. Freddie Mac has named Ross Kari as its new chief financial officer … Go to Source…

Mortgage Deal Reached In 2008 Shows Pitfalls To Avoid In Current Settlement – Huffington Post
As states gear up to finalize a national mortgage servicing settlement, some are looking to avoid the painful lessons of a 2008 mortgage deal that failed to deliver the help promised to desperate homeowners. Nearly four years ago, 11 states … Go to Source…

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