Robo-Signing Deal Said To Be In The Works

06 Sep 2011

State prosecutors are said to be in talks with large U.S. banks to settle allegations that they engaged in a so-called robo-signing activity, but banks appear to be balking at the proposals.

State prosecutors are said to be in talks with large U.S. banks to settle allegations that they engaged in a so-called robo-signing activity, but banks appear to be balking at the proposals. Sources said the settlement could involve a limit on bank liability for allegedly improper securitization practices, ...

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