Pruitt said last week he asked his attorneys to prepare an option that does not require servicers to pay at least $20 billion in fines and use the money to reduce the principal amount on mortgages of borrowers who owe more on their loan than their home is worth, according to a Washington Post article.
Bondi joined a handful of other Republicans last month in a letter expressing concerns about how a proposed settlement with the nation’s banks regarding foreclosure abuses could force them to reduce loan amounts.
On Thursday, Bondi said she’s interested in reviewing Pruitt’s plan.
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