Yesterday, I offered some thoughts about unintended consequences related to the moratorium on foreclosures [see this posting dated Tuesday, 10/19/10]. Within that story, I shared reports suggesting that investigations into the improper execution of paperwork would likely continue.
This morning, the New York Times offered an article that gives more clarity as to the intention of those on-going investigations, both by the federal government, as well as state attorneys general. Click here to see it.
UPDATE 10/21/10: More Times coverage about the emerging legal conflict.
UPDATE 10/21/10: Another Times story... this one about assurances from the U.S. that the foreclosure mess won't impact wider economy.
Mike Anderson
Wednesday, October 20, 2010
UPDATE: More details on investigations into foreclosure practices
Labels:
Banking,
Bankruptcy,
Government,
Housing,
Law,
Real Estate
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