Massachusetts Attorney General Martha Coakley today sued five major US banks for allegedly illegally seizing properties, filing fraudulent foreclosure documents and failing to help struggling borrowers who could have stayed in their homes if they had been allowed to make lower mortgage payments.

 

http://bostonglobe.com/business/2011/12/01/coakley-sues-major-banks...

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The suit, filed in  Suffolk Superior Court, also names Mortgage Electronic Registration System, Inc.(MERS) and its parent, MERSCORP Inc., as defendants.

http://www.forbes.com/sites/halahtouryalai/2011/12/01/massachusetts...

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