Courier Journal: Jack Conway opposes immunity for banks in foreclosure crisis

http://www.courier-journal.com/article/20110922/BUSINESS/309220063/Jack-Conway-opposes-immunity-banks-foreclosure-crisis?odyssey=nav|head

September 22, 2011

Kentucky Attorney General Jack Conway has joined several attorneys general from around the country who oppose any offer of government immunity to banks over activities related to the foreclosure crisis.

Conway, a member of a group of attorneys general that has been negotiating a possible settlement with a handful of major banks, said Thursday he and several members are pushing for a resolution.

“We are a little concerned the banks may not be taking us seriously,” Conway said. “We want them to know if they don’t come up with an agreement we are going to take some actions.”

The panel is discussing allegations including so-called “robo-signing” of mortgage documents, Conway said.

Other attorneys generals opposed to immunity include New York’s Eric Schneiderman and Delaware’s Beau Biden, he said.

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