Foreclosure Mistakes Cloud Home Ownership Titles

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Oct. 1 (Bloomberg) -- U.S. courts are clogged with a record number of foreclosures. Next, they may be jammed with suits contesting property rights as procedural mistakes in those cases cloud titles establishing ownership. Attorneys general in at least six states are investigating borrowers’ claims that some of the nation’s largest home lenders and loan servicers are making misstatements in foreclosures. Bloomberg's Monica Bertran reports. (Source: Bloomberg)

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