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The Empire

Justice Unit Co-Chaired by NY AG Eric Schneiderman to Probe Mortgage-Backed Securities

Attorney General Eric Schneiderman (Matt Ryan / WMHT)

Federal and state law enforcement officials announced Friday that they have launched a fraud-fighting initiative to root out wrongdoing in the market for residential mortgage-backed securities.

Attorney General Eric Holder told a news conference that bringing full enforcement resources to bear will help expose abuses and hold violators accountable.

Watch video of the press conference below

Read the rest of the article on WNYC.