Tag Archives: MERS
NY sues banksters for mortgage fraud
New York sued three major banks on Friday, accusing them of fraud in their use of an electronic mortgage database that he said resulted in deceptive and illegal practices, including false documents in foreclosure proceedings. http://www.nytimes.com/2012/02/04/business/new-york-suing-3-banks-over-mortgage-database.html The lawsuit was filed against Bank of America, Wells Fargo and JPMorgan Chase in New York State Supreme Court […]