Saturday, October 16, 2010

State AGs To Band Together In Joint Probe Into Banks' Use Of Sloppy Paperwork In Foreclosure Actions

The Associated Press reports:

  • The attorneys general of up to 40 states plan to announce soon a joint investigation into banks' use of flawed foreclosure paperwork. A person briefed on the investigation said Saturday night that an announcement could come as early as Tuesday. The person spoke on condition of anonymity because the investigation was not yet public. Iowa Attorney General Tom Miller will lead the investigation. Miller already has been leading multistate reviews of questionable foreclosure documents.

For more, see Up to 40 states plan inquiry into foreclosure data.

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