The Associated Press October 1, 2010, 8:28AM ET

Chase foreclosures referred to federal prosecutor

Secretary of State Jennifer Brunner (BROO'-nuhr) says she has asked a federal prosecutor to review thousands of Ohio foreclosures handled by Chase Home Mortgage and Mortgage Electronic Registration Systems Inc.

Brunner's announcement came Thursday, a day after JPMorgan Chase & Co. temporarily stopped foreclosing on more than 50,000 homes to review potentially erroneous documents.

In letters to Cleveland U.S. Attorney Steven Dettelbach on Aug. 11 and Sept. 1, Brunner alleged notaries improperly filled in affidavits, notarized documents in bulk and failed to have signers verify documents.

A bank spokesman declined comment on the Ohio cases.

Mortgage Electronic President and CEO R.K. Arnold says anyone involved with mortgage loans is expected to follow state and federal laws.

BW Mall - Sponsored Links

Buy a link now!