Massachusetts Attorney General Martha Coakley is going after the banks, filing suit against Bank of America, Wells Fargo, JPMorgan Chase, Citi, and Ally Financial for unlawful mortgage practices. A statement from her office said the “lawsuit seeks accountability for the banks’ unlawful and deceptive conduct in the foreclosure process, including unlawful foreclosures, false documentation and robo-signing.” Last month Coakley said she was no longer confident that settlement negotiations between lenders and an alliance of attorneys general would be successful.
Read it at The Boston Globe
