Tom Miller News
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Bank of America Corp. and Wells Fargo & Co. violated terms of a nationwide settlement reached last year over banks’ residential mortgage foreclosure practices, New York Attorney General Eric Schneiderman said.
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The investigation by attorneys general in 50 U.S. states into banks’ foreclosure practices is on “a fast track” and any resolution might involve multiple settlements, Iowa Attorney General Tom Miller said.
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Iowa Attorney General Tom Miller , leader of a 50-state probe of foreclosure practices, said a settlement is “closer” and that state and federal officials want a monitor to ensure that banks keep their promises.
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Medina County Sheriff Tom Miller says he understands why some people in northeastern Ohio may be wary about having his department’s drone overhead.
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The five largest loan servicers, including Bank of America Corp. and JPMorgan Chase & Co. , may be the first to settle with the 50 state attorneys general probing foreclosure practices, Iowa Attorney General Tom Miller said.
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California and New York, along with Florida, agreed to join more than 40 other states in a nationwide settlement 16 months in the making that seeks to end abusive bank foreclosure practices that followed the collapse of the housing bubble, a person familiar with the matter said.
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Victories by Connecticut and Illinois in lawsuits against Standard & Poor’s over ratings on securities will bolster other state cases, attorneys general for those two states said.
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Iowa Attorney General Tom Miller said Banks and government officials have “a long way to go” to reach an agreement on mortgage servicing and foreclosure practices.
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Iowa Attorney General Tom Miller, who has led a nationwide foreclosure investigation, said a deal with banks won’t be reached this week, according to an e-mailed statement.
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The 50-state attorney general group investigating mortgage foreclosure practices won’t release banks from all civil, or any criminal, liability in a settlement, Iowa Attorney General Tom Miller said.
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