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Iowa Attorney General Leading Investigation Into Foreslosure Practices

Iowa Attorney General, Tom Miller, is leading a 50 state effort by the nation's attorney generals into the fraudulent foreclosure practices of lenders, including "robo-signing." The group consists of attorney generals from all 50 states and banking and mortgage regulators from over three dozen states. The group will be investigating whether lenders submitted foreclosure documents without verification, containing false representations or without required notifications. These practices may violate state laws regarding deceptive acts and unfair practices. The group's goals include stopping improper practices, evaluating remedies for past improper practices and developing a means for more effectively investigating these practices in the future.

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