Martha Coakley Announces MA Suit Against Big Banks

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Uploaded by on Dec 1, 2011

In this press conference on December 1, 2011, Massachusetts Attorney General Martha Coakley announced that the commonwealth had filed a lawsuit against five major banks for engaging in unfair and deceptive practices in foreclosures

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  • Citi Bank always seems to be in the thick of it, bring em down Martha.

  • wow finally!!!

  • And yet another victory for the OWS movement,GO GET'M MARTHA!!

  • Alleluia!!! Our mortgage failed to record title for 3 years, leaving the Registrars Office to question where mortgage payments were received. Title was then recorded by MERS when we stopped payments and the bank began the process of foreclosure in January of 2010. We filed Chapter 13 which "stayed" the foreclosure process on our property. "Quiet Title" filing will compel the banks to show transfer records, including the lapse in filing proper records, thus forfeiting their clam to our property.

  • I love you, Martha!

  • Hang the bastards, Hang em' high, Martha!

  • @PORTUGAL1010 did you not just here what she said obviously the investigation started already otherwise she wouldn't have said bank name,please say no to drugs

  • Thank you Attorney General Martha Coakley...You are setting the example that I hope other States follow.

  • President Obama on the American Jobs Act in Scranton, Pennsylvania

    In his speech at Scranton High School, President Obama said, "There is nothing wrong with this country that we can't fix. We're Americans, and our story has never been about things coming easy to us. That's not what Scranton has been about. That's not what Pennsylvania, that's not what America is about. It's been about rising to the moment, and meeting the moment when things are hard. It's about doing what's right."

  • In the first such lawsuit filed by a state, Massachusetts Atty. Gen. Martha Coakley claims that Bank of America Corp.,

    Wells Fargo & Co., JPMorgan Chase & Co., Citigroup Inc. and GMAC Mortgage used fraudulent documentation in the foreclosure processes, took back homes without showing they owned the actual mortgages, and failed to uphold loan modification promises to borrowers in the state. Also named is the electronic mortgage registry known as MERS.

    INFO-AWARENESS - VIKEN z KOKOZIAN

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