Gov't mortgage probe unveiled

Agencies to work together to investigate mortgage meltdown

Author: Jennifer Liberto
Published On: Jan 27 2012 03:34:17 PM EST  Updated On: Jan 27 2012 09:26:26 AM EST

WASHINGTON (CNNMoney.com) -

New York's Schneiderman is also reportedly cold to the latest deal, two sources familiar with the talks have said. At the Friday press conference, Schneiderman would not say whether his work with the new task force would guarantee that New York will participate in the settlement.

The big banks aren't as keen to sign off on a multi-state deal that doesn't include immunity from mortgage servicing lawsuits from California and New York, said a source familiar with the deals.

--CNNMoney's Poppy Harlow and CNN's Terry Frieden contributed to this story.