Governor Andrew Cuomo and Attorney General Eric Schneiderman agreed to split the first $163 million of New York’s $613 million share of a settlement with JPMorgan Chase & Co. over mortgage bond sales, Bloomberg News reported yesterday. The two Democrats had been dueling over the funds, a piece of a $13 billion federal-state settlement with the bank. The deal worked out between the two officials directs about $81.5 million to Cuomo’s control, where it’ll go toward housing programs, according to Rich Azzopardi, the Cuomo spokesman. The remaining $81.5 million will be distributed by Schneiderman’s office to anti-foreclosure programs, Matt Mittenthal, a spokesman for Schneiderman, said in a statement yesterday.
