Campaign Blog
Helping Marylanders Hold Onto Their Homes
Posted by Web Team on October 13, 2010 at 8:17 am
Attorney General Gansler Helping Marylanders Hold Onto Their Homes
Attorney General Gansler today announced that he and 48 other state Attorneys General and financial regulatory agencies in 30 states, including the Maryland Commissioner of Financial Regulation, will review improper foreclosure practices, including the “robo-signing” of affidavits and other required documents.
“Over the last few weeks, serious concerns have been raised over the issue of robo-signing, potentially affecting thousands of consumers,” said Attorney General Gansler. “It is imperative that these large companies slow down, fully and openly examine their practices, and admit where the process is failing. Working together as a group and with one voice, we can help ensure that homeowners facing foreclosure are treated fairly and according to the law.”
The initiative comes in response to the recent discovery that a number of large mortgage-loan servicers have submitted defective affidavits and notices required in the foreclosure, including affidavits and notices signed by persons who did not have personal knowledge of the facts asserted in the documents.
Earlier in the month, Attorney General Gansler, Governor O’Malley and Congressman Elijah Cummings asked several national bank servicers to halt foreclosure proceedings in Maryland while they examined their practices in this State.
“In Maryland, we have consistently been on the side of Maryland families who are facing the loss of their homes,” Governor Martin O’Malley said.
The task force will examine the practices of the largest servicers nationwide on a coordinated basis, and enable the states to speak with a unified voice to the maximum extent possible.
The Attorney General is the chief legal officer of the State. The Attorney General’s Office has general charge, supervision and direction of the legal business of the State. Attorney General Gansler and his Consumer Protection Division have taken action against dozens of operators of foreclosure rescue schemes seeking to exploit individuals facing foreclosure.
blog comments powered by DisqusMeet Doug Gansler
Since taking office, Doug Gansler has distinguished himself by prosecuting polluters of the Chesapeake Bay, protecting consumers from corporate and insurance fraud, safeguarding the public from gangs, and attacking the underbelly of the Internet. More
