Virginia Chavez Romano, a former assistant U.S. attorney in New York, has been hired by the Residential Mortgage-Backed Securities (RMBS) Working Group to help prosecute individuals and companies involved in the 2008 financial meltdown.
According to a Reuters report, Romano was picked for her new position by New York Attorney General Eric Schneiderman, who is a co-chairman of the RMBS Working Group. Neither Romano nor Schneiderman publicly commented on the appointment, which was announced by Schneiderman spokesperson James Freedland.
‘Deputy Attorney General Romano brings a wealth of experience to her role helping to oversee our office's work investigating potential misconduct that led to the crash of the mortgage market,’ Freedland said in a press statement.