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Officials In 49 States Launch Foreclosure Probe

sharon sanders

sharon sanders

Editor-in-Chief & President
Officials In 49 States Launch Foreclosure Probe

by The Associated Press




October 13, 2010

Officials in 49 states have launched a joint investigation into allegations that mortgage companies mishandled documents and broke laws in foreclosing on hundreds of thousands of homeowners.


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


more......

http://www.npr.org/templates/story/story.php?storyId=130536042&f
 
Re: Officials In 49 States Launch Foreclosure Probe

I am fairly certain 3rd party servicing companies have trouble locating original document from investors, especially if those investors are no longer in business.

What a mess!
 
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