By Josh Adler (Contact)
To be delivered to: Eric T. Schneiderman, Attorney General of New York State
After weeks of intense pressure from the Obama Administration and from Schneiderman’s fellow attorneys general to support a broad settlement that would let the big banks off easy for the questionable lending practices that caused our country’s housing crisis, New York Attorney General Eric Schneiderman was removed from a committee of state attorneys general investigating the banking industry’s mortgage abuses.
Now Schneiderman is preparing to investigate Bank of America, Wells Fargo, Citigroup, JPMorgan Chase and other major financial institutions for their misconduct in the mortgage markets.
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