Groups Say Iowa AG Retreats From Promise To Be Tough On Robo-Sign Banks

The attorney general leading the investigation into “robo-signing” mortgage companies may be backtracking on promises to help Americans wrongly foreclosed on stay in their homes.Iowa Attorney General Tim Miller is no longer promising to pres…

The attorney general leading the investigation into “robo-signing” mortgage companies may be backtracking on promises to help Americans wrongly foreclosed on stay in their homes.

Iowa Attorney General Tim Miller is no longer promising to press criminal charges against bank officials who fraudulently foreclosed on homes, according to Iowa community groups.

“In our first meeting with AG Miller we felt like we had a champion that was ready to go toe to toe with the big banks,” Hugh Espey, director of Iowa Citizens for Community Improvement said in a statement. “This time we left wondering if the big banks had knocked the wind out of our state’s top law enforcer.”

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