National Banks Will Pay State Millions After Illegally Foreclosed on Mass. Homes

National Banks Will Pay State Millions After Illegally Foreclosed on Mass. HomesBank of America, J.P. Morgan Chase, Citi and Wells Fargo Bank will pay a combined $2.7 million to Massachusetts for unlawful foreclosures. Four national banks owe Massachusetts $2.7 million after settling a lawsuit from the state’s attorney general, Martha Coakley. Bank of America, J.P.

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