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New York State to Receive $25 Million Payment from Banks

New York State to Receive $25 Million Payment from Banks

  New York State will be paid $25 million by five major banks in the United States because they used electronic mortgage databases that the state claims caused deceptive and…

NY AG Sues BofA, Wells Fargo, JPMorgan Chase over Mortgage Fraud

NY AG Sues BofA, Wells Fargo, JPMorgan Chase over Mortgage Fraud

New York Attorney General Eric Schneiderman has filed a suit against Bank of America, JP Morgan Chase and Wells Fargo over their abuse of a private database, MERS, in handling…