IA AG Tom Miller: Playing "Survivor" with Homeowners' Futures
Briefly

"The New York Attorney General's office was removed from a group of state attorneys general that is working on a nationwide foreclosure settlement with U.S. banks, according to a state official."
"New York Attorney General Eric Schneiderman, who has raised concern about terms of a possible deal, was removed from the executive committee of state attorneys general, according to an e-mail today from Iowa Assistant Attorney General Patrick Madigan."
""New York has actively worked to undermine the very same multistate group that it had spent the previous nine months working very closely with," Miller said. For a member of the executive committee, that "simply doesn't make sense, is unprecedented and is unacceptable," Miller said."
New York Attorney General Eric Schneiderman was removed from the executive committee of a multistate group negotiating a nationwide foreclosure settlement with U.S. banks. The removal followed Schneiderman expressing concern about the terms of a possible deal and was communicated in an email from Iowa Assistant Attorney General Patrick Madigan. Initial public attribution of the disclosure was corrected to indicate Miller made the public statements rather than AG Madigan. Miller criticized New York for allegedly undermining the multistate effort and described Schneiderman’s actions as unprecedented and unacceptable.
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