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The News Journal: Delaware Attorney General Biden wants action on foreclosures
Delaware added its voice to the growing outcry over sloppy bank foreclosure procedures on Tuesday as the state’s top law enforcement official called on three big lenders to halt all pending legal action against Delaware homeowners until questions are resolved.
In a letter to Bank of America, JPMorgan Chase and Ally Financial/GMAC, Attorney General Beau Biden asked for details about the lenders’ review and verification process and for all foreclosure-related complaints they have received from Delaware homeowners.
Court documents show that JPMorgan Chase and Ally employees may have submitted affidavits without confirming their accuracy. Federal lawmakers and state officials have said such practices could amount to fraud.
The three lenders already have promised to take action — postponing foreclosures or halting evictions — in states where their workers responsible for reviewing the documents signed sworn affidavits to their accuracy. In Delaware, there is no such affidavit procedure, but that doesn’t necessarily mean the process is any less prone to mistakes and oversights, said Ian McConnell, head of the Consumer Protection Division of the Delaware Attorney General’s Office.
“We have similar concerns in our state. There’s no reason to think they’d be any more diligent in our state than they are in other states,” McConnell said.




