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New York sues largest banks over foreclosure documents

"New York Attorney General Eric Schneiderman sued a handful of the nation’s largest banks Friday, claiming they deceived homeowners and court officials by filing flawed and fraudulent foreclosure documents through a popular electronic mortgage registry."

"Schneiderman’s suit, filed in a New York State Supreme Court in Brooklyn, names Bank of America, J.P. Morgan Chase and Wells Fargo as defendants."

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