Friday, December 2, 2011

Massachusetts AG Lawsuit

Five Major U.S. Banks Accused Of Deceptive Foreclosure Practices.

Massachusetts Attorney General Martha Coakley is suing five of the nation's largest banks for deceptive foreclosure and mortgage modification practices, her office announced Thursday. Coakley's suit signals her formal departure from ongoing settlement negotiations between those banks, the Obama administration and a coalition of other state AGs over faulty foreclosure procedures.

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