Lawsuit says St. Cloud firm 'robo-signed' affidavits

  • Article by: PATRICK KENNEDY , Star Tribune
  • Updated: May 19, 2011 - 9:51 PM

The AG's office filed a lawsuit in Hennepin County against Midland Funding.

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ZombiehunterMay. 19, 1111:14 AM

Huh. A company that doesn't follow laws? Who would have thunk of such a thing? If only we had less regulation and more self policing this never would have happened.

/snark

Ms. Swanson has my support. Keep going after the bad guys!

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murphydogMay. 19, 1111:14 AM

Great news -- Long overdue.

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elheffeMay. 19, 1111:18 AM

Must of not contributed alot of cash to politicians to stay off the radar like the mortgage bank robosigners.

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DrMarkMay. 19, 1111:39 AM

Wonder why it took so long for Lori to get this going? Politics maybe?

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nitewindMay. 19, 1111:56 AM

This company is the worst. The absolute worst.

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gjacobMay. 19, 1111:57 AM

The debt reselling market is very shady and I wish they would ban that practice. Incorrect debts can cause people to be hounded for years as once you go through the process with one company to stop collection, they sell it to another who starts over. It just keeps repeating. You also get cut-rate firms using offshore labor (and very questionable tactics) to scare and harrass people

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mn2niceMay. 19, 1112:00 PM

Great news. All these companies like Midland and others who buy and sell or trade old charged off consumer debt need to be sued for the aggressive and oftentines illegal tactics they use.

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woodyagMay. 19, 1112:28 PM

Hooray AG. Anybody notice that it's not the Feds who are prosecuting Wall Street perps- but the NY AGs? Thank goodness. Maybe if we mention to the SEC that they have empty cells now at Gitmo we could have a few CEOs rendered? The world would cheer- better than Osama.

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gargoyle999May. 19, 1112:59 PM

I like Lori Swanson. Not often does government support the individual over big business. She seems to do it a lot.

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gking2mnMay. 19, 11 1:13 PM

Buying bad debt at pennies on the dollar has existed throughout out time. This company is just one of encore's web of deceit. That is why the federal judge allowed her to proceed because these people change overnight. The feds do need to step up and put a few of them in jail just like they have been doing with the ponzi scammers. Its a sad day when people hound people for and average of 25 cents on the dollar they owed but settled on with the original creditor. Watch out for Amerprise they just got handed a large fine similar in nature.

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