Posts Tagged ‘ Advocate ’

Housing Advocate: Obama ‘Can Accept No Less Than $300B From The Banks’ To Settle Robo-Signing Scandal

February 2, 2012 2:04 pm
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Housing Advocate: Obama ‘Can Accept No Less Than $300B From The Banks’ To Settle Robo-Signing Scandal

With details soon to become public about a settlement between state attorneys general and big banks implicated in the huge, national “robo-signing” scandal, President Obama should make clear the deal can’t amount to less than $300 billion from the banks, a prominent homeowner- and corporate-accountability advocate says. All 50 state attorneys general have been seeking a settlement with the nation’s five largest banks to address their foreclosure practices, such as the filing of thousands of false sworn statements with...

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