New York Attorney General Eric Schneiderman was removed from a group of state attorneys general probing mortgage abuses, Iowa's attorney general Tom Miller said yesterday in a statement.
Miller said that the New York attorney general was undermining the work being done by the state attorneys general.
“New York has actively worked to undermine the very same multistate group that it had spent the previous nine months working very closely with,” said Miller, who is leading the state group.
For a member of the executive committee, that “simply doesn’t make sense, is unprecedented and is unacceptable,” Miller said in the statement.
According to a New York Times report, on Monday the federal government was pressuring Schneiderman to agree to a settlement with the banks over abuses such as submitting allegedly false documents to remove borrowers from their homes.