Adobe Stock
Slide 2 of 7
Foreclosure settlements
To date, Schneiderman has wracked up seven settlements with large banks over their actions from the financial crisis.

The most recent ones came in March when New York announced a $500 million settlement with the Royal Bank of Scotland and a $230 million settlement with UBS. Both settled over allegations they engaged in deceptive practices related to the sale and marketing of residential mortgage-backed securities prior to the crisis.

He took similar actions against JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley.

All told, Schneiderman's work resulted in total cash and consumer relief of nearly $4 billion.


next