Oct. 13 (Bloomberg) -- http://www.bloomberg.com/news/2010-10...
Ohio Attorney General Richard Cordray talks about a joint investigation by the top legal officers of 50 states into home-foreclosure practices at banks and mortgage companies. Cordray announced last week that he sued Ally Financial Inc. in state court, claiming its GMAC unit committed fraud and violated state consumer law by filing false affidavits in foreclosure proceedings. States including California and Colorado asked lenders to stop foreclosures. Cordray speaks with Margaret Brennan on Bloomberg Television's "InBusiness."
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