Home > Avid Law Center, Foreclosure, Mortgage Scams > California and Nevada Form foreclosure fraud alliance

California and Nevada Form foreclosure fraud alliance

Two of the hardest hit states in the nation’s foreclosure and mortgage crises have formalized a joint investigation alliance to help homeowners victimized by fraud.

According to CNN.com, California Attorney General Kamala D. Harris and Nevada Attorney General Catherine Cortez Masto said they are willing to partner with other states and provide support as California and Nevada investigate fraud in foreclosures and mortgages.

As part of the alliance, the two states will share information, subpoenas and witnesses, and will also seek reforms to protect homeowners, the officials said. Harris described the mortgage crisis as nationwide “man-made disaster” that has inflicted its worst toll on California and Nevada.

Ongoing investigations in California and Nevada are looking at a range of alleged misconduct by mortgage institutions and others. So far, the alliance has produced “millions of pages of documents” and the development of mutual targets for investigators, officials said.

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