It has been over a year since the admitted forgeries by bank servicing employees on foreclosure documents became public knowledge.
Within the AG ranks, a growing number are pushing for a narrower settlement freeing their offices up to pursue separate claims of securitization, origination and marketing fraud.
It is important to fully investigate any alleged wrongdoing in order that those responsible may be prosecuted to the fullest extent of the law.
Any settlement that gives servicers and/or banks blanket immunityfrom prosecution is unacceptable. Any settlement that short-circuits a thorough investigation into mortgage and foreclosure practices is unacceptable. And y settlement that does not create a substantial fund from which to assist homeowners is unacceptable.