AGs Press Banks, Congress Over Mortgage Fraud

Law360, New York (December 6, 2011, 5:57 PM EST) -- Attorneys general for some of the states hardest hit by the mortgage bubble are putting pressure on banks accused of deceptive loan servicing and on Congress to hold them accountable, with California, Nevada and Massachusetts announcing investigations Tuesday.

Attorneys General Kamala D. Harris of California and Catherine Cortez Masto of Nevada said they would combine resources to speed up their individual investigations of fraudulent mortgage lending.

“The mortgage crisis is a law enforcement matter, and we will prosecute to hold accountable those who are responsible and...
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