Home / agencies / Arizona joins multistate foreclosure investigation

Arizona joins multistate foreclosure investigation

Arizona’s attorney general says his office is part of a 50-state investigation into the mortgage industry’s home foreclosure documentation.

The investigation announced Wednesday is being led by Iowa’s attorney general.

Arizona Attorney General Terry Goddard says the probe was prompted by disclosures of document signing practices that may have violated state laws. He says the joint investigation allows the states to pool resources.

Some banks insist they did nothing wrong. But employees of some companies have acknowledged signing thousands of foreclosure documents without reading them.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *




Check Also

First Lady Michelle Obama spoke of hope and a leader who needs to be smart and generous at Phoenix Convention Center. (Photo by Kristiana Faddoul/Cronkite News)

First lady calls Trump’s debate remark ‘insult to Americans’

Michelle Obama said that Donald Trump’s refusal to say he’d accept November 8 election results if he loses is an insult to millions of Americans who are voting in the presidential election.