Tuesday, October 18, 2011

Massachusetts AG Coakley may sue lenders for foreclosure abuses

Massachusetts Attorney General Martha Coakley said she is preparing to sue some mortgage lenders for foreclosure-related improprieties, including allegations that the companies have threatened homeowners with property seizures and unwarranted fees even after granting them permanent loan modifications.

“To the extent that banks are not meeting their obligations, this conduct is inexcusable and my office will work to hold them accountable,’’ said Coakley, who did not name the lenders she is targeting for litigation.

Read the rest of the article at the Boston Globe

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