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Attorney General Eric Holder and Associate Attorney General Tony West announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history – to resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide.

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The homepage of the servicing industry. While the $25 billion settlement between five of the nation’s largest servicers and 49 of the state attorneys general awaits approval from a judge, there is.

Iowa Says State AG Accord Won’t Release Banks From Liability 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.

Hagens Berman’s class-action lawyers fight for the rights of consumers, whistleblowers, investors, patients and others through national litigation.

New York Attorney General Eric Schneiderman was removed from a state group working on a nationwide foreclosure settlement with U.S. banks because his office “actively worked to undermine” its efforts,

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The coalition of state AG’s who want a real criminal investigation and oppose the 50 state settlement proposal of Iowa AG Tom Miller has grown by one with Kentucky’s AG Jack Conway adding name. Make no mistake, the companies engaged in robo-signing may face criminal liability for fraud.

The eventual robo-signing settlement between the 50 state attorneys general and major mortgage servicers will not release these firms from all criminal or civil actions, according to Iowa AG Tom.

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Foreclosure 'Robo-Signers' Expecting those same farm lobbies, Congress, and USDA bureaucrats to break the wheel is a fool’s errand. Instead, voters and courts may hold the key. But consider, too, that when leading minds at.

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“For a borrower who fails to negotiate in good faith, the judge could terminate the settlement conference, which, after all, exists for the borrower. and legal procedure with so-called.