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Reply #7: Mass. AG hits big banks with foreclosure lawsuit [View All]

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Playinghardball

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Thu Dec-01-11 05:04 PM
Response to Original message

7. Mass. AG hits big banks with foreclosure lawsuit

Source: Reuters/ Raw Story

(Reuters) - The Massachusetts attorney general has filed a lawsuit against five large U.S. banks accusing them of deceptive foreclosure practices, such as robo-signing.

Attorney General Martha Coakley said on Thursday the lawsuit was filed in state court in Boston against Bank of America Corp, JPMorgan Chase & Co Inc, Citigroup Inc, Wells Fargo & Co and Ally Financial.

Coakley's office said the lawsuit was filed after more than a year of negotiations with the banks involving all 50 states.

Read more: http://www.rawstory.com/rs/2011/12/01/mass-ag-hits-big-banks-with-foreclosure-lawsuit/

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