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2013-06-28 — bloomberg.com
``The agreement established a process for banks to fix violations and remediate harm to borrowers, a committee of states and federal agencies said in a letter today to the New York Attorney General's office, which claims Bank of America and Wells Fargo have violated the settlement.
The oversight process "will be the most efficient path to improving services to borrowers -- and, we believe, will bring about those reforms more quickly than protracted litigation on these particular issues," the committee wrote. '' source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |