New York AG to sue Wells Fargo and Bank of America

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NEW YORK (Legal Newsline) – New York Attorney General Eric Schneiderman announced his intention Monday to sue Wells Fargo and Bank of America for allegedly engaging in repeated violations of the.

New York Attorney General Eric Schneiderman has announced that the state may sue Wells Fargo and Bank of America in the months ahead for violating the mortgage settlement agreement that numerous.

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A.G. Schneiderman To Sue Wells Fargo, Announces Groundbreaking Servicing Agreement With Bank Of America. NEW YORK – Attorney General Eric T. Schneiderman today announced that he is suing Wells Fargo so that a federal judge will compel the bank to honor its commitments under the 2012 National Mortgage Settlement.

NEW YORK – Attorney General Eric T. Schneiderman today announced his intention to sue Bank of America and Wells Fargo for repeatedly violating the terms of the National Mortgage Settlement. Signed in 2012, the Settlement required the five largest mortgage servicing banks in the United States to improve their customer service practices by complying with new mortgage servicing rules, known as the Servicing Standards.

As part of his ongoing effort to protect New York homeowners and enforce the terms of the National Mortgage Settlement, Attorney General Schneiderman announced that he is suing Wells Fargo and has.

Bondi’s letter comes a month after New York Attorney General Eric Schneiderman threatened to sue Bank of America and Wells Fargo over alleged noncompliance with the $25 billion settlement inked.

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Citibank, Bank of America and Wells Fargo-consistently failed to provide fair and timely services to their customers. Attorney General Schneiderman announced in his intention to sue Wells Fargo and Bank of America in May, after documenting hundreds of violations of the servicing standards outlined in the National Mortgage Settlement.

the AG says. Wells Fargo said it does not have a comment at this time. Bank of America said in a statement: “Through March we have provided relief for more than 10,000 New York homeowners through the.

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