A 50-state task force investigating U.S. foreclosure practices may meet with lenders as early as this week, less than a month after JPMorgan Chase & Co. and Bank of America Corp. suspended some home seizures. “We’ve had several conference calls with major lenders,” Colorado Attorney General John Suthers said in an interview, declining to specify [...]

Wells Fargo, which has stood by its foreclosure paperwork for weeks as other major lenders discovered errors and halted sales, conceded Wednesday it had discovered some flaws in its documents as well. The latest acknowledgement of problems from one of the nation’s biggest lenders points out that the failure to scrupulously check legal documents before [...]

Federal Reserve Chairman Ben Bernanke added weight to those efforts Monday by saying the central bank would look “intensively” at policies and procedures that might have allowed banks to seize homes improperly. The Fed has the power to impose penalties on some of the nation’s largest banks. Still, most legal experts expect an investigation by [...]

Regulators are likely to discover more problems related to loan servicing by some of the biggest banks as they probe claims that documents were mishandled, Federal Deposit Insurance Corp. Chairman Sheila Bair said. “We are going to get into more and more problems with the issues that are surfacing now on servicing,” Bair said today [...]