Mass. AG hits big banks with foreclosure lawsuit
(Reuters) – The Massachusetts attorney general has filed a lawsuit against five large U.S. banks accusing them of deceptive foreclosure practices, such as robo-signing.
Attorney General Martha Coakley said on Thursday the lawsuit was filed in state court inBoston against Bank of America Corp, JPMorgan Chase & Co Inc, Citigroup Inc, Wells Fargo & Co and Ally Financial.
Coakley’s office said the lawsuit was filed after more than a year of negotiations with the banks involving all 50 states.
(Reporting by Tim McLaughlin in Boston; editing by John Wallace)
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