New York sues banks over foreclosures
The New York attorney general sued some of the nation's biggest banks on Friday, accusing them of unlawful and deceptive practices for relying on a private electronic registry that tracks mortgages.
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New York Attorney General Sues Big Banks for Fraudulent Foreclosures
Today, Attorney General Eric Schneiderman announced a lawsuit against Bank of America, JPMorgan Chase, and Wells Fargo over the large banks' use of the Mortgage Electronic Registration Systems, or MERS, and alleging deceit and fraud. MERS is also named in the lawsuit. According to the AG's office, the banks "have repeatedly submitted court documents containing false and misleading information ...
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Comment on Colorado bill targets foreclosures based only on a lawyer's OK
The State of Colorado has been taking away the rights of property owners for years. This is nothing new. They should be ashamed. They removed the Right of Redemption from owners, and no one said a word. They allowed banks to shorten the foreclosure time if they think the property is vacant, and There was dead silence from the newspapers and the public. they will keep this up until people get mad ...
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Oregon Attorney General Kroger issues emergency rules to protect distressed homeowners from wrongful foreclosures
The temporary rules give consumers another weapon in court against shoddy loan-servicing practices as lawmakers debate more protections.
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Foreclosures, job loss top Florida issues
In Florida, the housing market boom and bust is as central of an issue to voters as the rescue of General Motors and Chrysler is in Michigan.
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