Mortgage Deal Between Banks and AGs may still be at risk

by Richard S. Feinsilver on February 3, 2012

Bloomberg News reported earlier today that regardless of any resolution reached between the Attorneys General and the major banks servicing distressed mortgages in the next few days, a threat still looms over whether various investors will commence litigation to block the deal. If such an impediment is put in place, it will once and for all show which entities truly control the mortgage markets.

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