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Foreclosure

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Reuters Claims US Gov't Rigged Research on Wrongful Foreclosures

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Reuters' research shows that the US Comptroller of the Currency may have used flawed methods to understate wrongful foreclosures resulting from bank misconduct.
 

After a few small law firms revealed in 2010 that banks and servicers submitted millions of knowingly false affidavits and forged legal documents to courts nationwide, states' attorneys general were forced to take action. We suggested that the investigations were political and (1) any sanctions would be minimal and pre-approved by banks in private negotiations, and (2) any resulting agreement will afford the banks more rights than they enjoyed before.

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