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Attorney General Foreclosure Investigations

Commonwealth of Massachusetts v. Bank of America N.A. et al. 11-4363 (Mass. Sup. Suffolk Co.) Boston

Attorney General of Massachusetts has sued banks including JPM, Bank of America, Ally Financial, and mortgage servicing company Merscorp alleging fraud in mortgage foreclosures. Massachusetts AG has stated that banks moved to seize homes when they had no legal authority to do so; deceived homeowners about loan modifications and "strung along borrowers for months" before rejecting modification requests; and engaged in "robosigning," i.e. filed foreclosure and loan transfer paperwork without verifying the information in the documents.


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Attorney general foreclosure fraud investigations all 50 US states

All 50 U.S. State Attorney Generals have announced investigations into foreclosure irregularities. The investigation has also involved federal government entities including the US Department of Justice, the Treasury, and the FDIC. Chase Bank had suspended some 56,000 foreclosure proceedings in More...