49 STATES SIGN MORTGAGE FORECLOSURE JOINT STATEMENT

(Note:  I love the fact that they actually used the term "robo-signing" in the official statement)

It has recently come to light that a number of mortgage loan servicers  have submitted affidavits or signed other documents in support of either a  judicial or non-judicial foreclosure that appear to have procedural defects.   In particular, it appears affidavits and other documents have  been signed by persons who did not have personal knowledge of the facts  asserted in the documents. In addition, it appears that many affidavits  were signed outside of the presence of a notary public, contrary to state  law. This process of signing documents without confirming their accuracy  has come to be known as “robo-signing.”

We believe such a process may  constitute a deceptive act and/or an unfair practice or otherwise violate  state laws.    In order to handle this issue in the most efficient and consistent manner  possible, the states have formed a bi-partisan multistate group to address  issues common to a large number of states. The group is comprised of both  state Attorneys General and the state bank and mortgage regulators.  Currently 49 state Attorneys General have joined this coordinated  multistate effort. State bank and mortgage regulators are participating  both individually and through their Multistate Mortgage Committee, which  represents mortgage regulators from all 50 states. Through this process,  the states will attempt to speak with one voice to the greatest extent  possible. At the end of this statement is a list of the participating  states.

Our multistate group has begun inquiring whether or not individual  mortgage servicers have improperly submitted affidavits or other documents  in support of foreclosures in our states. The facts uncovered in our  review will dictate the scope of our inquiry.

The Executive Committee is  comprised of the following Attorneys General Offices:
Arizona, California,  Colorado, Connecticut, Florida, Illinois, Iowa, New York, North Carolina,  Ohio, Texas, and Washington; and the following state banking regulators: 
Maryland Office of the Commissioner of Financial Regulation, New York State Banking Department, and the Pennsylvania Department of Banking.

Participating Attorneys General:
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii Department of the Attorney General / Hawaii Office of Consumer  Protection
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming