It has begun, there will be lawsuits filed across the country to punish the foreclosure industry for their violations of state laws. Can they stop these crimes? What is the Attorney General in our state going to do?
The Ohio Attorney General is filing suit and the Massachusetts Attorney General is considering doing the same.
From Huffington Post –
Attorney General Richard Cordray said Wednesday the alleged fraud could involve hundreds of foreclosures in the state. The lawsuit claims the company’s employees signed and filed false affidavits to mislead courts. Cordray called the alleged fraud the “tip of an iceberg of industrywide abuse of the foreclosure process.
The Texas Attorney General’s Office is halting foreclosures across the state – From CBS7 – West Texas –
The Texas Attorney General has called for a halt on all home foreclosures, this includes all sales of property that were previously foreclosed upon and all evictions of people living in previously foreclosed properties.
State Attorney General, Greg Abbott, has sent a letter to thirty loan service companies freezing foreclosures in the state as they begin an investigation into foreclosure practices in the state.
“Evicting someone out of their home is very serious, and it needs to be done in the proper manner,” said Western National Bank Financial Advisor Mickey Cargile.
Will there be any justice?
Stay with my blog, I’m not letting this subject go until we get to the end of it.
James Pilant
Pilant's Business Ethics Blog 
I think the banks have become so big that they have lost perspective of humanity and moral ethics.
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