Schneiderman: Settlement deal a `small' but `significant' step towards real accountability

Pressed on whether a settlement that could result in as little as $2000 per injured homeowner could really be called a victory, Schneiderman said the fact that banks had not obtained any immunity on pre-crash conduct would ultimately yield the fruits of a major victory for the left.

"The conduct that led to the crash is still fair game," Schneiderman said. "I'm confident the releases are narrow enough so our investigation into misconduct should produce more significant relief going foward."