In the aftermath of the 2008 mortgage meltdown that threatened the worldwide banking system many have asked, “Why haven’t any banksters gone to jail for causing the problem?” Eric Schneiderman, NYS Attorney General, is committed to pursuing criminal as well as civil prosecutions. Schneiderman’s target is a private national mortgage electronic registry system known as MERS. Created by a consortium of the nation’s largest banks including Bank of America, J.P.
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