ROUND 2 | Md. AG Gansler says Foreclosure Fraud settlement talks with more banks ongoing

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ROUND 2 | Md. AG Gansler says Foreclosure Fraud settlement talks with more banks ongoing

ROUND 2 | Md. AG Gansler says Foreclosure Fraud settlement talks with more banks ongoing

Everyone but the twins, Fannie and Freddie.


Legal Newsline-

Maryland Attorney General Doug Gansler said Wednesday that more agreements might be coming in the wake of a $25 billion national settlement with five banks.

February’s settlement was reached by 49 states and the nation’s five largest mortgage servicers – Wells Fargo, JPMorgan Chase, Citigroup, Ally Financial and Bank of America. It was the result of a probe that began in October 2010 into their alleged “robosigning” practices.

Speaking at the 13th Legal Reform Summit at the U.S. Chamber of Commerce, Gansler, currently the president of the National Association of Attorneys General, said the AGs are “in the process of working with the next group of banks.”

[LEGAL NEWSLINE]

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2 Responses to “ROUND 2 | Md. AG Gansler says Foreclosure Fraud settlement talks with more banks ongoing”

  1. Sarah says:

    Banks list FNMA on the affidavit. As a guess. this allows Banks and their associated legal courtesans unihibited movement in seizing, evicting, and shaking down the unfortunate serf. As another guess, Mr Gansler, like other politicians, would simply like these issues to be out of sight and mind, like any other social tragedy, and therefore not worth the risk of any political grandstanding. But since an election is nearer, and indeed many possible voters are people who have been beaten down into financial ruin while the top attorney carried on with other business at hand. No need to even mention that the same companies with which these “agreements” are allegedly being crafted were at one time guilty of (felonies) fraud throughout the state.

  2. Marie Gordon says:

    Hi,

    Wells Fargo unfair practices on Short Sales, delay tackics, for a year and half, will not negotiate (3 negotiators, new information each time) 3 cash buyers, lost all three. Wells Fargo is Asking for more than $35,000.00 above fair market comps. Pushing me into foreclosure,which is November 2, 2012,stopped negotiating today and closed the Short sale account.

    Please direct me to any firm that has an ongoing action or a firm that might be interested in a Class Action in Washinton State.

    Thank you,
    M Gordon 253-961-7829

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