On March 11th, Bloomberg reported that Virginia, Oklahoma, and other states oppose the proposed improper foreclosure practices settlement recently presented to five banks. The objecting states' attorneys general disagree with the proposal's provisions requiring principal reductions and documentation procedures which, they claim, exceed state authority. Objections. On March 17th, Reuters reported that the state attorneys general for Nebraska, Alabama, and Oklahoma have written Iowa Attorney General Tom Miller, who is coordinating the settlement talks, to voice those objections. Meanwhile, the New York Attorney General has expressed concern of a different sort. He does not want a global settlement to prevent him from bringing possible cases against mortgage servicers. Concerns. On March 18th, the Washington Post reported that Miller continues to insist upon changes to the mortgage servicing process, stating that without an agreement on those issues, no settlement will occur. Deal Breaker.