California Pulls Out Of 50-State Foreclosure Talks
Fri, 09/30/2011 - 18:56 EDT - NPR - National Public Radio (Business News)
California Attorney General Kamala Harris said she will not agree to a settlement over foreclosure abuses that federal officials and other state attorneys general are negotiating with major U.S. banks.» E-Mail This» Add to Del.icio.us
SACRAMENTO, Calif. (AP) -- California Attorney General Kamala Harris says she will not agree to a settlement over foreclosure abuses that other state attorneys general are negotiating with major U.S. banks....
This is a comment from The Institutional Risk Analyst from last summer. Since then the California Bill of Rights has gone into effect and this comment has landed me on the enemies list with consumer advocates and trial lawyers. Thought we should have an evergreen of this comment on ZH. Just remember Kamala Harris when the expected HPA fails to materialize in 2013 and CA starts to behave a lot like NY, CT, NJ. -- Chris
A group of California union leaders, politicians and activists are urging the state attorney general to reject any deal that lacks significant principal reduction for distressed homeowners.California Atty. Gen. Kamala Harris is attracting increasing pressure from powerful Golden State players to reject a major settlement with U.S.
President Barack Obama gave a shout-out to California Attorney General Kamala Harris during a fundraising stop in Atherton, Calif. today, calling her "by far the best-looking attorney general" in the country. Per the White House pool report:
The importance placed on California puts the state attorney general in a significant position to hold banks accountable for improper foreclosures.California Atty. Gen. Kamala Harris has emerged as a key player in pursuing a nationwide settlement with major U.S.