California and Nevada, two states at the heart of the nation’s housing crisis, will join forces to investigate allegations of foreclosure fraud and other types of mortgage improprieties.
The agreement to share resources and work jointly is the latest sign that the nation’s state attorneys general want to be out front in cracking down on bank practices the housing crisis — from the selling of mortgage-backed securities to the handling of foreclosures.
At a joint news conference in Los Angeles on Tuesday, California Atty. Gen. Kamala D. Harris and Nevada Atty Gen. Catherine Cortez Masto said their offices would share litigation strategies and evidence would link their offices’ equipos civiles y penales.
El anuncio se produce menos de una semana después de Massachusetts dijo que estaba demandando a cinco proveedores de servicios hipotecarios más grandes del país sobre presuntas ilegalidades de ejecución hipotecaria. El movimiento fue el primero de esos litigios que ser presentada por un Estado.
Harris’ oficina ha abierto un número de sus propias sondas de la actividad hipotecaria. Los investigadores han citado a la información de Fannie Mae y Freddie Mac, como parte de una investigación de amplio alcance en las prácticas de préstamos y ejecuciones hipotecarias en el estado, El Times ha informado anteriormente. Su oficina también investiga el Bank of America y su rama hipotecaria Countrywide Financial, junto con Citibank, la búsqueda de información sobre su venta de valores respaldados por hipotecas en California.
The new alliance between Harris and Masto comes as banks are working to strike a deal with a coalition of attorneys general who are working to seek relief for consumers allegedly wronged by faulty mortgage servicing and foreclosure practices.
Harris formally withdrew from those talks earlier this year. Masto has said Nevada officials would evaluate any proposal the talks might produce but would also push ahead with their own work. Nueva York, Delaware, Kentucky and Minnesota also have signaled they are unhappy with the direction of the talks with the banks. All of those states have expressed concern that the banks could be let off too easily.
Fuente: LA. Tiempos, Enlace – http://latimesblogs.latimes.com/money_co/2011/12/kamala-harris-foreclosure-mortgage-fraud.html
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