MA-Sen: Warren Takes Lead Over Brown in New Poll

By: Thursday December 1, 2011 10:56 am

Just as a postscript to the Martha Coakley lawsuit (which I’ll have more on in a bit), it was supposed to be her failure to beat Scott Brown that ruined the Democratic Party for generations. As it turned out, she’s doing her job as a public servant, and Brown could have a short-lived Senate career, [...]

Coakley Sues Five Major US Banks Over Foreclosure Fraud

By: Thursday December 1, 2011 9:35 am

Massachusetts Attorney General Martha Coakley plans to sue the five biggest banks in the mortgage business over “unlawful and deceptive conduct” in their foreclosure operations. A news conference is scheduled at 1pm ET to detail the charges, which were filed in Suffolk Superior Court. This is at least the third recent lawsuit from state Attorneys [...]

Massachusetts Supreme Court Blows Whistle on How the Banks Broke the Housing Market

By: Wednesday October 19, 2011 11:03 am

I should have given the Bevilacqua case a bit more attention yesterday rather than sticking it in the Roundup. It represents the nightmare scenario we all expected to come to pass. The highest court in Massachusetts ruled that a homeowner who bought a foreclosure that hadn’t been properly conducted by the foreclosing bank in 2006 [...]

Reinflating the Settlement Bubble: Bankers, AGs Try to Revive Stalled Foreclosure Fraud Settlement

By: Friday October 7, 2011 7:50 am

Like the last three minutes of an action thriller, when the vanquished enemy unexpectedly springs back to life for just a moment to terrorize the hero before the final kill, the foreclosure settlement talks are attempting a coordinated comeback this week in the press. As we know, California dropped out of the settlement talks last [...]

Massachusetts AG Coakley: I Won’t Sign Away Liability Over MERS in Foreclosure Fraud Settlement

By: Monday July 25, 2011 2:19 pm

Massachusetts has joined several other states in saying they would oppose a foreclosure fraud settlement if it includes certain liability releases, particularly those relating to MERS. Massachusetts Attorney General Martha Coakley (yes, that Martha Coakley) wants to retain the ability to pursue lawsuits against the banks and their subsidiaries over state consumer protection violations and [...]

Celinda Lake: Fix the Foreclosure Crisis, Democrats, or Lose

By: Thursday November 4, 2010 10:49 am

In addition to Tom Miller winning his Attorney General race in Iowa (really Richard Cordray was the biggest loss among the AGs really working on the foreclosure fraud investigation, along with a partisan flip in Arizona and potentially California), Martha Coakley was re-elected to a second term in Massachusetts. Outside of the national media glare, [...]

Looking at the Attorney General Races

By: Wednesday November 3, 2010 7:23 am

You may know the top line on statewide races, that Republicans picked up 10 Governor’s seats. You probably won’t see a comprehensive list of how state Attorneys General fared. That’s why I’m here! The state AGs take on unusual importance this year because they are running the foreclosure fraud investigation. All 50 current AGs are [...]

Warren: “My Money is on the AG investigation” in Foreclosure Fraud Mess

By: Wednesday October 27, 2010 11:14 am

Elizabeth Warren was asked about the foreclosure fraud scandal, and she agrees with me – the 50 state AGs have the best path to getting a legitimate solution to the problem for their constituents. Do you support a nationwide foreclosure moratorium? Right now my money is on the attorneys general [who have launched a joint [...]

Continuing Foreclosure Fraud Unraveling, Creating Blighted Titles

By: Sunday October 3, 2010 11:42 am

More Attorneys General are waking up to the foreclosure fraud nightmare, and acting in the interests of their constituents. Martha Coakley, the Massachusetts Attorney General also known as history’s greatest monster, showed why she would have actually been a pretty decent Senator by calling for a statewide moratorium in the Bay State. “Our office has [...]

Obama Administration Gets Serious About Foreclosures

By: Friday March 26, 2010 9:23 am

The economists I respect keep saying that the foreclosure crisis prevents any meaningful fix to the economy. If people keep losing their homes, the death spiral that causes for various industries and unemployment is something hard to pull out of. Bill Clinton told a crowd in 2008 that every foreclosure costs $250,000 to the greater [...]

I Take No Pleasure In Being Right

By: Wednesday January 20, 2010 4:20 pm

I’ve got a whole heck of a lot to say about the Martha Coakley mess and our new President, regular ol’ Scott Brown. But I want to address something, not for the purposes of gloating, but for the purposes of just head-scratching about how the entire world didn’t also see this as depressingly predictable. I’ve [...]

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