Eric Schneiderman

Obama’s Mortgage Fraud Task Force Sues JPMorgan Chase

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From ThinkProgress: New York Attorney General Eric Schneiderman (D) has filed a civil lawsuit against JP Morgan Chase alleging “widespread fraud in the sale of mortgage-backed securities,” the Wall Street Journal reports. The suit is the first action brought by the Obama administration’s mortgage fraud task force, which Schneiderman chairs.…

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NY AG Booted from Task Force

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According to Democracy Now, New York Attorney General Eric Schneiderman has been kicked off a 50-state task force negotiating a possible settlement with the nation’s largest mortgage companies. The Obama administration has been pressuring Schneiderman to drop opposition to a settlement, which would effectively immunize the nation’s largest banks from…

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