McKenna sues major foreclosure trustee

McKenna sues major foreclosure trustee

Washington state is suing a subsidiary of Bank of America Corp., arguing that the company has improperly handled thousands of foreclosures in the state.

Attorney General Rob McKenna said Friday that ReconTrust Company has repeatedly broken the law by failing to act as a neutral third party on behalf of both the lender and the borrower. McKenna says the company’s practices make it difficult for borrowers to halt foreclosures while working to save their homes.

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