Government
Oct. 4, 2011
California AG rejects banks settlement
State Attorney General Kamala Harris has rejected a wide-ranging settlement with banks over controversial foreclosure practices, saying the agreement is "inadequate" for California homeowners and gives banks too broad a release from future claims.
By Emily Green
Daily Journal Staff Writer
State Attorney General Kamala Harris has rejected a wide-ranging settlement with banks over controversial foreclosure practices, saying the agreement is "inadequate" for California homeowners and gives banks too broad a release from future claims.
The rejection came in a letter Friday to U.S. Department of Justice and the Iowa Attorney General Tom Miller, who is leading the settlement talks among the states' attorneys gene...
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