NY AG Eric Schneiderman joins forces with the FHFA and Steve Linick, the inspector general...

|By:, SA News Editor

NY AG Eric Schneiderman joins forces with the FHFA and Steve Linick, the inspector general supervising Fannie Mae and Freddie Mac, to investigate banks' mortgage securitization practices, the FT reports. NY's Martin Act could make it easier for Federal authorities to expedite fraud charges against banks.