Current Events Articles

AZ Central

NY AG: 2 banks violated mortgage accord

May 6, 2013

ALBANY, N.Y. -- New York's attorney general on Monday accused Wells Fargo and Bank of America of violating the terms of last year's national mortgage settlement by failing to process hundreds of refinancing requests promptly. Attorney General Eric Schneiderman has notified the national monitoring committee established to enforce the five-bank agreement, citing complaints of 210 prompt-processing violations by Wells Fargo and 129 by Bank of America. If the committee defers taking action, Schneiderman said he will sue for compliance.

Read entire article on AZ Central
« Previous Article Next Article »

More From Current Events Articles

  • Michael Ian Black's Twitter Ad for Dos Equis Does Gangbusters Thanks to All the Haters
  • Ad of the Day: Getty Images
  • Ed Schultz: AP Investigation Could be Obama's Downfall
  • Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE