New York Attorney General Sues Big Banks for Fraudulent Foreclosures
Bank of America, JPMorgan Chase, and Wells Fargo are all accused of deceit in relation to mortgage-backed securities.
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Bank of America, JPMorgan Chase, and Wells Fargo are all accused of deceit in relation to mortgage-backed securities.
A $285 million settlement is "neither fair, nor reasonable, nor adequate, nor in the public interest."
That would make it the biggest mortgage-backed securities settlement yet.
Like Black Rock, Met Life Insurance, and the New York Fed.