The Law

Eric Schneiderman.

Offering Plans Will Go Digital: AG

Attorney General Eric Schneiderman announced yesterday a new policy that will require developers to give potential buyers the chance to view offering plans in digital format.

The new plan, which will become mandatory April 1, is part of the Attorney General’s strategy to digitize his office’s real estate oversight capabilities while also helping the flow of transactions, it announced. Read More

opinion

Mr. Schneiderman and the Banks

The Obama administration wants to reach a broad settlement with some of the nation’s banks over some sketchy foreclosure practices they have allegedly engaged in during the past few years. But New York State Attorney General Eric Schneiderman is resisting pressure from Washington to sign on to the proposed settlement. He and several colleagues argue that the settlement would make it more difficult for them to prosecute banks suspected of wrongdoing.

Mr. Schneiderman’s position is admirable. If he believes the settlement is not in the best interests of New York consumers, he should continue to resist. Read More

Editorial

Foreclosure Investigations: Schneiderman Has Every Right to Pry

Amid revelations that foreclosures around the country have been improperly processed, State Attorney General Eric Schneiderman is stepping up an investigation of the cottage industry that foreclosures have become in New York. Mr. Schneiderman’s office recently issued subpoenas to a law firm that has handled about 40 percent of all foreclosures in the state. The Read More

Stockpiling

Schneiderman to Headline Fundraiser for Nadler

A reader passes along the following invite from Upper West Side Congressman Jerrold Nadler for a fundraiser in June with state Attorney General Eric Schneiderman.

Nadler was an early endorser of Schneiderman’s attorney general campaign last year, and the two both hail from the Upper West Side. I haven’t heard any rumblings about Nadler running Read More