
Attorney General Martha Coakley announces that she is preparing to sue lenders for foreclosure abuses. The Boston Globe Reports.
“To the extent that banks are not meeting their obligations, this conduct is inexcusable and my office will work to hold them accountable,’’ said Coakley
Coakley states that she is preparing to file suit due to improprieties related to foreclosures. Coakley made the announcement following a response to a recent Boston Globe article centered around Bank of America and their loan modification acts. Many home owners have accused Bank of America of still pursuing and threatening foreclosure follwing loan modification agreements.
To find out more about loan modifications and foreclosure practices contact the National Wrongful Foreclosure Attorneys at Phillips & Garcia Law.
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