“A.G. Schneiderman Announces $500 Million Settlement With Royal Bank Of Scotland Over Misconduct Leading Up To Financial Crisis”
“While the financial crisis may be behind us, New Yorkers are still feeling the effects of the housing crash,” said Attorney General Schneiderman. “Home values plummeted. Vacant homes consumed neighborhoods. And for many New Yorkers, affordable housing fell out of reach. Today’s settlement is another important step in our comprehensive effort to help New Yorkers rebuild their lives and communities. I am proud of the extraordinary housing programs these settlements have funded across New York, from Brookhaven to Buffalo – and today’s settlement will fund even more community revitalization initiatives for years to come.”
(March 6, 2018)
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