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Albany Watch

Insights and tidbits from the state Capitol

They Get Along

December
24

Gov. Spitzer and Attorney General Andrew Cuomo today announced that more than $18 million will be split between 13,686 New Yorkers as the result of a $325 million national settlement with Ameriquest Mortgage Co. over predatory loan practices.

The company was accused of encouraging homeowners to refinance mortgages that either misrepresented and failed to disclose loan terms, charged excessive loan origination fees and inflated appraisals to qualify borrowers for loans, according to the joint press release Spitzer and Cuomo put out.

It’s the only news release so far today—a real quiet day at the Capitol—from the always active press offices of Spitzer and Cuomo.

There has been much speculation about the relationship between the state’s two leading Democrats, especially after Cuomo in July released a damming report in July that showed Spitzer’s aides were conspiring to release travel records on Senate Majority Leader Joseph Bruno.
But aides said the staffs still work well together, and Spitzer even attended Cuomo’s birthday party a few weeks ago.

This entry was posted on Monday, December 24th, 2007 at 1:22 pm by Joseph Spector.
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One Response to “They Get Along”

  1. Jim Kelly - Conservative Campaigns

    L.O.L. Don’t make me laugh….

    They don’t get along. Give me a break.

    Another Upper Westside/Eastside slip (Manhattan) slip by the Spitz and the son of Mario will be their to watch him fall.

    Jim Kelly – NY Conservative Campaigns

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A behind-the-scenes look at state government and politics from the Capitol bureau of Gannett News Service.
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About the authors
Jay GallagherJay Gallagher has covered Albany for Gannett News Service since 1984 and has been Albany Bureau chief since 1989. He`s a native of the Boston area and likes to point out that in this millennium, the score is Red Sox 1 championship, the Yankees 0.
Cara MatthewsCara Matthews has been a statehouse correspondent in the Albany Bureau since August 2005. Prior to that, she covered Putnam County government and politics at The Journal News for nearly five years. Before that, she worked at newspapers in Connecticut and covered the state Legislature for one of them.

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