In today’s Newsbreak, Lawyers.com Editorial Director Betsy Kim provides a round-up of “big” legal stories. New York Attorney General Eric Schneiderman plans to sue mortgage giants, Bank of America and Wells Fargo, for violating the National Mortgage Settlement. Last year, five of the country’s largest banks and 49 state attorneys general agreed to a $26 billion settlement. The banks were to provide relief to homeowners including mortgage modifications for at-risk borrowers. The banks also agreed to comply with new …
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