New York Claims Wells Fargo Mortgage-servicing Fixes ‘not Good Enough’

Why the New York Knicks Made a Big Mistake with Grunwald Demotion

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NEW YORK — Deriding Wells Fargo’s mortgage-servicing process as “Byzantine,” New York Atty. Gen. Eric Schneiderman said the bank’s efforts to help homeowners were simply “not good enough.” Schneiderman announced Wednesday that his office has filed a complaint against the San Francisco-based financial giant over what he claims is its failure to comply with last year’s landmark $25-billion National Mortgage Settlement. Schneiderman said Wells Fargo sent a letter to a committee monitoring the mortgage settlement offering to voluntarily take steps, but the bank refused to acknowledge its shortcomings. Their communication with customers is terrible, Schneiderman told reporters Wednesday at his offices in Manhattan. Theyre not providing the right folks with the ability to close a deal. And, Schneiderman added, the bank continues to enter into servicing contracts with other companies, forcing homeowners to start all over again with a new servicer. At a news conference at his Manhattan offices, Schneiderman mocked a Wells Fargo letter to a homeowner. Brandishing a copy, he read excerpts riddled with unclear writing, typos and stray characters not from any recognizable alphabet. I appreciate their efforts at honoring the diversity of New York and the fact that they are looking out for the Martian-speaking population, Schneiderman said. The Wells Fargo lawsuit was announced along with a parallel agreement with Bank of America over similar claims. B of A agreed to designate high-level staff to work with counseling and legal-services agencies to speed up pending or delayed modification requests. The bank also agreed, for example, to improve its communications with borrowers over missing documents. Schneiderman left open the possibility of an agreement with Wells Fargo. There is nothing stopping them from stepping forward and negotiating something, the attorney general said. Their offer of voluntary changes and no deadlines, and no specific procedures or policies is simply not good enough. Wells Fargo has been, if not the, then certainly one of the, most difficult banks all across America in dealing with homeowners, Schneiderman said.

Four of their next five games are against the Eagles (twice), Vikings and Raiders , so it gets a little easier. 16: That’s the number of turnovers the Giants have committed this season, which is the highest total in the league. It’s also the highest turnover total this century over the first four weeks of a season. In 2012, five teams committed 16 or fewer turnovers over the course of the entire season. Most turnovers this century, first four games Team 0-4 Pro Football Reference 57.8: That’s how many rushing yards the Giants are averaging per game, which ranks 30th in the NFL. They’ve been behind constantly, which explains that number a bit, but they’ve also run the ball a league-low 70 times. Still, they’re averaging just 3.3 yards per carry and their top rusher, David Wilson , has been out-run by five quarterbacks. 4.5: That’s the number of plays the Giants are running per drive, which is the lowest in the league. Even Jacksonville’s offensive drives are lasting a little longer. Minus-9: That’s the Giants’ turnover margin, which is the second-lowest mark in franchise history. The Giants, Jets and Steelers are the only teams in the league that are below minus-4 in this area right now. 23: That’s the percentage of third downs the Giants have converted on offense this season, which ranks dead-last in the NFL. Since 2005, that number has never been below 35 percent. 50: That’s the percentage of third downs the Giants have had converted against them this season, which also ranks dead-last in the NFL. Since 2005, that number’s never been above 43 percent. Giants on third down 50% (32nd) 69.1 and 56.3: That’s Eli Manning’s passer rating and completion percentage, and both numbers rank in the bottom-six in the league, respectively. That rating is his lowest since his 2004 rookie campaign. He also leads the league with nine interceptions and has been sacked more times than all but two other quarterbacks.

Princess Eugenie of York, Sarah Ferguson shop in New York City’s SoHo

Ann Romney jokes that one of her favorite recipes, a sandwich made with fluff, would be banned in New York by Mayor Bloomberg.

He has done a fantastic job tooling together a contending team despite the cap-limits the Knicks have been forced to deal with. This offseason alone proves Grunwalds worth to New York. Despite financial restrictions, the former general manager brought in seven new players and re-signed three. While some of Grunwalds moves can be considered risky, such as the acquisition of Andrea Bargnani in a deal centered around a 2014 first-round pick , most of his decisions seem to be low-risk, high-reward. Debby Wong-USA TODAY Sports Glen Grunwald was demoted after putting together New York’s 2013-14 roster. He decided to bring in Metta World Peace to serve as a defensive stopper alongside Iman Shumpert. Grunwalds decision to sign point guard Beno Udrih to back up Raymond Felton and Pablo Prigioni gives New York a proven ball-handler and game manager. He also signed two big men in Jeremy Tyler and, more recently, Cole Aldrich to increase New Yorks frontcourt depth. Aside from the Bargnani trade, Grunwald made smart, savvy decisions to improve a Knicks roster that was ousted in the second round of the playoffs against a more physical Indiana Pacers team. He did what he needed to do to make the Knicks a more physical team capable of matching up against big, strong teams such as Indiana and the Chicago Bulls . Not only has Grunwald improved the Knicks roster during his tenure with New York, but he has also helped the team advance to the second round of the playoffs, which no general manager had done in New York in over a decade, as Frank Isola of the New York Daily News said via twitter. Glen Grunwald did a lot with the little he had to work with.

New York Giants Stats That Matter Through Week 4

Related Stories True-ly ready to play house Princess Eugenie of York made time for a spot of shopping with her mum in SoHo in New York on Wednesday. The 23-year-old princess youngest daughter to Sarah Ferguson and her royal ex, Prince Andrew , Duke of York has moved to New York for a job. Bowery Boys Princess Eugenie and mom Sarah Ferguson indulge in some quality time and retail therapy in SoHo on Wednesday. The princess, wearing a short black skirt with white polka dots and practical black flats, went mostly unnoticed on the busy Manhattan streets as she exited the offices of Paddle8, the online art auction company where she works. She strolled from Little Italy to SoHo, where shes rented an apartment, and met up with her famous, flame-haired mom. Bowery Boys Sarah Ferguson and Princess Eugenie out and about in SoHo on Wednesday. The young art lover has rented an apartment in the famous Manhattan neighborhood. The Duchess of York, in a bright pink dress with a black sweater thrown over her shoulders, seemed to be in the mood to spend. She carried three shopping bags plus her purse, while Eugenie, her dark hair pulled into a casual bun, was empty-handed. The young art lover spent a long summer vacation with her mother and older sister, Princess Beatrice, in Venice before buckling down to her new gig at Paddle8 auction house.