DELAWARE ALSO ON THE HUNT - BidenLaptopEmails

SUBJECT:

DELAWARE ALSO ON THE HUNT

PRI: NORMAL

FROM:

E

eschwerin@rosemontseneca.com

DATE:

2011-06-13 11:21:19

MSG_ID:

<5CAA7834-D4BC-49A1-99D2-EBA84ADC065B@rosemontseneca.com>

RECIPIENTS:

TO:

H

Hunter Biden <hbiden@rosemontseneca.com>

S

David Schwerin <schwerin@verizon.net>

CONTENT: TEXT: YES | HTML: YES

PROCESSED

SCOOP: NY TAKES ON BANK OF AMERICA - HuffPo's Shahien "Late Night" Nasiripour: "New York Attorney General Eric Schneiderman has targeted Bank of America ... in a new probe that questions the validity of potentially thousands of mortgage securities and their associated foreclosures ... The investigation, which began quietly in recent weeks, is part of a larger inquiry that is scrutinizing whether mortgage companies and Wall Street firms took the necessary steps under New York state law when creating mortgage-backed securities, these people said, who requested anonymity because they weren't authorized to speak publicly about the probe." http://huff.to/lSL9d3

DELAWARE ALSO ON THE HUNT - NYT's Gretchen Morgenson on pg. B1: "Opening a new line of inquiry into the problems that have beset the mortgage loan process, two state attorneys general are investigating Wall Street's bundling of these loans into securities to determine whether they were properly documented and valid. The investigation is being led by ... Schneiderman ... who has teamed with Joseph R. Biden III, his counterpart from Delaware. ... The attorneys general have requested information from Bank of New York Mellon and Deutsche Bank, the two largest firms acting as trustees"http://nyti.ms/jVDuWr

Eric D. Schwerin
eschwerin@rosemontseneca.com

Sent from my iPhone

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