Thursday, December 1, 2011

BREAKING: MA Attorney General Files Suit Against Bank of America, Citigroup, JPMorgan, Wells Fargo

Just breaking from 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.

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