Conn. AG Queries Fannie, Freddie Over Firm Choices

Law360, New York (June 8, 2009, 12:00 AM EDT) -- The Connecticut Attorney General's Office has asked mortgage lenders Fannie Mae and Freddie Mac and mortgage-processing services company Lender Processing Services Inc. to explain how they select their legal representation in foreclosure cases, amid complaints that only a few firms get the cases.

Connecticut Attorney General Richard Blumenthal said Monday that his office was investigating whether consumers were served with the proper foreclosure documentation. His office has received complaints that the majority of the state's foreclosures are assigned to a select group of law firms, he...
To view the full article, register now.