In the news about Robo-signing lawsuits.

Perhaps this can shed SOME light on the timing of the reported deal that the Obama admin may be negotiating with banks..

Massachusetts AG files first 'robo-signing' lawsuit (Dec. 7, 2011)
http://www.maricopacountybankruptcyattorney.com/2011/12/massachusetts-ag-files-first-robo-signing-lawsuit.shtml

Lawyer seeks class status for robo-signing lawsuit (Dec. 22, 2011)
http://www.cbsnews.com/8301-505245_162-57347467/lawyer-seeks-class-status-for-robo-signing-lawsuit/

10,000 GMAC Foreclosures Stopped in Maryland
http://news.firedoglake.com/2011/01/16/10000-gmac-foreclosures-stopped-in-maryland/

In a major ruling Friday, a coalition of nonprofit defense lawyers and consumer protection advocates in Maryland successfully got over 10,000 foreclosure cases managed by GMAC Mortgage tossed out, because affidavits in the cases were signed by Jeffrey Stephan, the infamous GMAC “robo-signer” who attested to the authenticity of foreclosure documents without any knowledge about them, as well as signing other false statements.

The University of Maryland Consumer Protection Clinic and Civil Justice, Inc., a nonprofit, filed the class action lawsuit, arguing that any case using Jeffrey Stephan as a signer was illegitimate and must be dismissed. In court Friday, GMAC agreed to dismiss every case in Maryland relying on a Stephan affidavit. They can refile foreclosure actions on the close to 10,000 homes, but only at their own expense, and subject to new Maryland regulations which require mandatory mediation between borrower and lender before moving to foreclosure. Civil Justice and the Consumer Protection Clinic also want any cases with affidavits from Xee Moua of Wells Fargo, who has also admitted to robo-signing, thrown out, but that case has not yet been settled.

Jamie Dimon and his banker buddies may be saying in public that they aren’t worried about the consequences from future foreclosure fraud cases and repurchases, but in private, they must be going nuts over this.