1. Banks Accused of Faulty Foreclosure Procedures
... to prove that banks had a criminal intent. However, in some cases, the lock changers themselves have helped themselves to some of the household items. In Florida, repo men were reported for stealing a laptop, an MP3 player, and six bottles of wine (Alden). The attorneys general in 40 states are launching a joint investigation of allegations that banks are cutting corners and using fraudulent paperwork to foreclose ... on some homes. Bank of America is putting the brakes on foreclosures in all 50 states while it reviews its foreclosure procedures. JPMorgan Chase ... lost their home in A...
- Word Count: 541
- Approx Pages: 2
- Has Bibliography