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Massachusetts AG Wins $1.8 Million Foreclosure Assistance Scam Settlement From Lenders, Servicers

Jun 18, 2008By

In a case that likely sets an interesting and complex precedent for lenders, servicers and investors alike, the U.S. Bankruptcy Court on Wednesday approved a settlement between Massachusetts Attorney General Martha Coakley’s Office and 10 different mortgage lenders and servicers that had funded or serviced loans used in a foreclosure rescue scam.