50 States Investigating Mortgage Fraud

Bloomberg TV reports that attorney generals for all 50 states are investigating mortgage fraud that may have ran rampant in the housing market. Homeowners who have run behind on their monthly payments may be able to delay foreclosure proceedings by having a skilled bankruptcy attorney find errors and fraud in how the mortgage bank and servicer handled the paper-work... This could add months and months to the legal process of evicting them from the home and the eventual foreclosure at the courthouse.

This video features an interview with the Ohio attorney general.