Bloomberg News

Ally Should Be Investigated by Congress, Massachusetts Says

December 07, 2011

Dec. 6 (Bloomberg) -- Massachusetts Attorney General Martha Coakley asked the U.S. Senate Committee on Banking, Housing and Urban Affairs and the U.S. House Committee on Financial Services to investigate “serious misconduct” by Ally Financial Inc.

Coakley sued Ally and four other mortgage servicers last week over foreclosure practices.

To contact the reporter on this story: David McLaughlin in New York at dmclaughlin9@bloomberg.net

To contact the editor responsible for this story: Andrew Dunn at adunn8@bloomberg.net


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