Alex Smith

Foreclosures have been down by about 25% in both Missouri and Kansas during the first quarter of 2012, but it’s still common for banks to take more than a year to even begin the foreclosure process.

Dan Verbeck / KCUR

As part of today’s national settlement with the five biggest mortgage service banks, amid allegations of mass loan abuse and fraud, Missouri Attorney General Chris Koster has started looking for home owners to take payments.

Legal Assault On Financial Fear, Greed

Mar 8, 2010
photo by Dan Verbeck

Kansas City, Mo. – The Attorneys General from Missouri and Kansas are teaming with the Federal Trade Commission to counter growing confidence games used against holders of foreclosed mortgages.

It's the work of sharks in the quasi financial world. Kansas had no complaints about companies offering to fix foreclosures---and didn't-- in year 20007. Attorney General Steven Six counts it at 171 last year and into the hundreds this year.