States Launching Mortgage Inquiry

Summary


WASHINGTON - Officials in 50 states and the District of Columbia have launched a joint investigation into allegations that mortgage companies mishandled documents and broke laws in foreclosing on hundreds of thousands of homeowners.

The states' attorneys general and bank regulators will examine whether mortgage company employees made false statements or prepared documents improperly.

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Extract


States Launching Mortgage Inquiry

"The joint investigation we are announcing today is an efficient and measured approach to address the...

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