Ohio Attorney General Richard Cordray

*Last week, we reported that JP Morgan and others were halting 50,000 foreclosures due to the mishandled processing of  foreclosures throughout the country.

But now, Ohio’s Attorney General has decided to jump in and hold at least one company accountable.

Ally Financial Inc. and its GMAC Mortgage division, will be the first of many financial institutions in the country to feel the wrath of those who have lost their homes. (more…)