The nation’s top banks are worried that a possible sea-change in the make-up of state attorneys general after tonight’s mid-term elections could delay a settlement of the state AG’s wide-ranging investigation into so called “robo signing” of mortgage foreclosure documentation, FOX Business Network has learned.
Though the state probe spearheaded by Iowa AG Tom Miller is still in its initial phases, executives at the top banks say progress has recently been made in crafting a global settlement of charges that the banks denied mortgage holders who defaulted on their loans due process by hiring robo signers. The robo signers basically rubber stamped foreclosures without proper documentation.
But a volatile electorate, that may force many incumbents out of office tonight, has executives at the big banks worried that a deal will be delayed as a new crop of AGs comes into office. There are 35 state attorney general races being contested tonight, including key races in California, New York and Michigan where there are no clear front runners.
While Democrats hold a 30-20 edge among the state AGs, the composition is likely to change given recent polls showing Republicans looking to gain ground in state elections such as governorships. The Republicans gaining ground aren’t necessarily those who favor the big banks thanks to the Tea Party movement, which has supported candidates who don’t favor bank bailouts and special perks to the big financial firms.
One thing is sure: the new batch of AG will not immediately bend over to Wall Street's whims, knowing full well they will have signed their own career death sentence off the bat should they pursue that course, especially with every blog exposing their actions to the broader population for all to see.
The nation’s top banks are worried that a possible sea-change in the make-up of state attorneys general after tonight’s mid-term elections could delay a settlement of the state AG’s wide-ranging investigation into so called “robo signing” of mortgage foreclosure documentation, FOX Business Network has learned.
Though the state probe spearheaded by Iowa AG Tom Miller is still in its initial phases, executives at the top banks say progress has recently been made in crafting a global settlement of charges that the banks denied mortgage holders who defaulted on their loans due process by hiring robo signers. The robo signers basically rubber stamped foreclosures without proper documentation.
But a volatile electorate, that may force many incumbents out of office tonight, has executives at the big banks worried that a deal will be delayed as a new crop of AGs comes into office. There are 35 state attorney general races being contested tonight, including key races in California, New York and Michigan where there are no clear front runners.
While Democrats hold a 30-20 edge among the state AGs, the composition is likely to change given recent polls showing Republicans looking to gain ground in state elections such as governorships. The Republicans gaining ground aren’t necessarily those who favor the big banks thanks to the Tea Party movement, which has supported candidates who don’t favor bank bailouts and special perks to the big financial firms.
One thing is sure: the new batch of AG will not immediately bend over to Wall Street's whims, knowing full well they will have signed their own career death sentence off the bat should they pursue that course, especially with every blog exposing their actions to the broader population for all to see.
eric seiger do
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Google <b>News</b> gets a bit more social with “most shared” section.
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A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
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Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
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eric seiger do
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Google <b>News</b> gets a bit more social with “most shared” section.
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eric seiger do
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A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
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Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
eric seiger do
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A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
Neve Campbell Divorce [ny <b>news</b> time]
Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
eric seiger do
Surgery for Gardner, Aceves - NY Daily <b>News</b>
A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
Neve Campbell Divorce [ny <b>news</b> time]
Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
eric seiger do
Surgery for Gardner, Aceves - NY Daily <b>News</b>
A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
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Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
eric seiger do
Surgery for Gardner, Aceves - NY Daily <b>News</b>
A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
Neve Campbell Divorce [ny <b>news</b> time]
Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
eric seiger do
Surgery for Gardner, Aceves - NY Daily <b>News</b>
A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
Neve Campbell Divorce [ny <b>news</b> time]
Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
eric seiger do
Surgery for Gardner, Aceves - NY Daily <b>News</b>
A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
Neve Campbell Divorce [ny <b>news</b> time]
Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
eric seiger do
Surgery for Gardner, Aceves - NY Daily <b>News</b>
A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
Neve Campbell Divorce [ny <b>news</b> time]
Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
eric seiger do
Surgery for Gardner, Aceves - NY Daily <b>News</b>
A couple of notes from the Yankees today: Alfredo Aceves had surgery on Tuesday, Nov. 30, at NewYork-Presbyterian Hospital to repair a fractured left clavicle sustained in a bicycle-riding accident in Mexico. Surgery was performed by ...
Google <b>News</b> gets a bit more social with “most shared” section.
First off, it's not entirely clear whether Google is simply taking information from Twitter and its own Google News shares or if there is more to the story. Interestingly, as Read Write Web notes, Google is simply choosing to display ...
Neve Campbell Divorce [ny <b>news</b> time]
Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.
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