Labor Day or bust!
If the country’s major banks don’t reach an agreement with the 50 state attorneys general and federal regulators in the next few weeks, a global agreement to settle the widespread foreclosure fiasco is likely going to be sunk for good, sources told The Post.
“There just comes a time when some attorneys general have to make a decision whether they’re in or they’re out,” said one source.
Not even a deal that involves the vast majority of states — but excludes hardliner holdouts like New York AG Eric Schneiderman and Massachusetts AG Martha Coakley — is likely to pass muster.
Full story: Mortgage the future – NYPOST.com.