NEW YORK (CNNMoney) — The Massachusetts attorney general on Thursday sued some of the nation’s biggest banks, accusing them of “unlawful and deceptive conduct in the foreclosure process.”
The statement described the state court lawsuit as “the nation’s first comprehensive lawsuit against the five major national banks regarding the foreclosure crisis.”
“The AG’s lawsuit seeks accountability for the banks’ unlawful and deceptive conduct in the foreclosure process, including unlawful foreclosures, false documentation and robo-signing, MERS, and deceptive practices related to loan modifications,” the statement said.
My God, someone gets it.
You mean you actually need to:
- Own the debt you are trying collect, and prove it?
- Show injury if you claim monetary loss (that is, that you actually lost money)?
- Not commit perjury?
- Not corrupt land titles?
Who would ever think that the rule of law could possibly be important?
Godspeed to Massachusetts in restoring the Rule of Law when it comes to our land title and foreclosure processes, even if only in one state.