Economy/Business News Alert: Massachusetts attorney general sues 5 banks for unlawful foreclosure practices

	Thursday, December 1, 2011 1:21:24 PM ECONOMY/BUSINESS NEWS ALERT Massachusetts attorney general sues 5 banks for unlawful foreclosure practices Massachusetts is suing five major banks including Bank of America and JPMorgan Chase over deceptive foreclosure practices. The lawsuit also names Wells Fargo, Citigroup and Ally Financial. It was filed in Massachusetts Wednesday by Attorney General Martha Coakley. The complaint also names Mortgage Electronic Registration System and its parent company as defendants. The lawsuit is seeking redress for what Coakley calls "unlawful and deceptive" conduct in the foreclosure process, including unlawful foreclosures, false documentation, robo-signing, and deceptive practices related to loan modifications. Read more at: http://www.washingtonpost.com/business/massachusetts-attorney-general-sues-5-banks-for-unlawful-foreclosure-practices/2011/12/01/gIQAYOf4GO_story.html Or visit PostBusiness.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071 ©2011 The Washington Post Privacy Policy