内华达州司法部长因涉嫌违反全国欺诈解决方案而追随美国银行

Nevada Attorney General Catherine Cortez Masto is accusing美国银行她违反其有关Countrywide Financial Corp的欺诈解决方案。她要求法院“终止我们的同意判决”，因为她说违反行为是“如此重大的违反”。

Masto claims that instead of honoring the terms of their agreement, Bank of America has:

•继续参加欺诈活动，允许合同留在原地
•在修改买家遇到麻烦的贷款时，又恢复了降低利率的承诺，而是筹集了降低利率。
•未能为合格的房主提供承诺的贷款修改
•即使借款人的修改请求仍在等待
• Not met the 60-day requirement to grant new loan terms

Masto says that numerous complaints have been submitted to her office over modified mortgages that come with new contracts that are more expensive than what was originally stated. Ending Nevada’s participation in the settlement agreement would let the state file a securities lawsuit against the bank over its allegedly questionably practices.

Countrywide, which was acquire by Bank of America, settled lawsuits with a number of states, including Nevada over what they contend was predatory lending practices. To settle the complaints, the bank promised to designate $8.4 billion as direct loan relief, waive tens of millions of dollars in prepayment penalties and late fees, put aside money to help people in foreclosure, help 400,000 borrowers with financial relief, and suspend foreclosure on borrowers that were delinquent and had the most high risk loans.

不幸的是，在内华达州，有262,622个全国贷款的起源，止赎问题以及对银行贷款服务惯例的投诉也累积了。内华达州的新投诉还指责美国银行：

• Telling credit report agencies that consumers who weren’t in default were in default.
• Deceiving borrowers about the reason their requests for loan modifications were turned down.
•错误地声称对审判贷款修改付款的借款人尚未支付。
•错误地声称贷款所有者不允许对抵押贷款进行更改。
•通过贷款修改的误导者误导借款人带有一组条款，但随后以不同的交易返回。
• Limiting the amount of time employees could help troubled borrowers with their loan-related issues and punishing those that violated these restrictions.
•在包装抵押证券并将其出售给投资者时，不提供所需的贷款文件。bob200体育
•未能根据典型的游泳池和投资者和全国范围内签订的服务协议来认可抵押贷款票据，也没有将其交付给负责池的受托人。

Nevada says that Such paperwork failures should have prevented the bank from being able to foreclose on borrowers.

Masto’s request to get out of the Countrywide settlement could impact other negotiations by other state attorneys general related to allegedly improper foreclosure practices against Bank of America,JPMorgan Chase,Citigroup, and Wells Fargo. These banks are being asked to put out approximately $20 billion toward loan modifications. Discussions here have been delayed because there is disagreement over whether a settlement would let state regulators sue the banks over questionable practices in the future.

Related Web Resources:
内华达州说银行打破了抵押贷款和解, NY Times, August 30, 2011

Nevada’s Attorney General pursues BofA, UPI, September 19, 2011

More Blog Posts:

Countrywide Finance. Corp, UBS Securities LLC, and JPMorgan Securities LLC Settle Mortgage-Backed Securities Lawsuit Filed by New Mexico Institutional Investors for $162M, Institutional Investor Securities Blog, March 10, 2011

美国银行和Countrywide Financial Sued by Allstate over $700M in Bad Mortgaged-Backed Securities, Stockbroker Fraud Blog, December 28, 2010

Shepherd Smith Edwards＆Kantas Ltd LLP代表securities fraudvictims throughout the US. We are not afraid to go up against a Wall Street firm to recoup our clients’ losses.