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Attorney
General Gansler, Governor O’Malley, Congressman Cummings
Call on Mortgage Companies to Halt Foreclosures in Maryland
BALTIMORE,
MD ( October 4, 2010) - In light of recent developments
concerning faulty affidavits filed in foreclosure cases, Attorney
General Douglas F. Gansler, Governor Martin O’Malley, and Congressman
Elijah Cummings today called on the major mortgage companies to halt
foreclosure proceedings in Maryland while the companies thoroughly
review the manner in which affidavits are prepared, reviewed and
signed, and the sufficiency of the process employed to verify elements
of default leading to a foreclosure.
“In the last week, it has come to light that several mortgage
companies admitted that they did not follow proper procedures in
foreclosure cases and filed faulty affidavits,” said Attorney
General Gansler. “Following this news, it is completely reasonable
for Maryland to ask these companies and others that operate in
Maryland to review their procedures to ensure that Maryland citizens
have not been negatively impacted as a result of similar practices.
While they undertake that review, we are asking these companies
to halt foreclosure proceedings in Maryland until we are confident
that no Maryland homeowner has or is in the process of losing their
home as a result of a foreclosure proceeding that was not handled
properly. ”
Copies of the letters
can be found here….
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