Wednesday, October 13, 2010

Foreclosure Probing

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.

Read full story at http://news.yahoo.com/s/ap/20101013/ap_on_bi_ge/us_foreclosures_states

Source:Associated Press