Posts Tagged: banks

Let’s Make the Banks Write Down Underwater Mortgages

The federal government and state attorneys general, including Washington State’s Rob McKenna, are currently negotiating a settlement with the big banks over foreclosure abuses, with a deal expected within the next few weeks. Unless the public stays vigilant, this settlement could turn into a slap on the hand for Wall Street, with a slap in… Read more »

CA: State Pulls Out of Foreclosure Talks

California Attorney General Kamala Harris said Friday that she will not agree to a settlement over foreclosure abuses that federal officials and other state attorneys general are negotiating with major U.S. banks. Her announcement is the latest to undermine a resolution that had been in the works between the banks and attorneys general in all… Read more »