State attorneys general in Arizona and Nevada seem to have broken with other states in their bid to hold Bank of America (NYSE: BAC) accountable for what they see as egregious conduct regarding mortgages and foreclosures. These states, of course, have been among the hardest hit by the foreclosure fiasco.

Perhaps they think they have specials needs that would not be adequately addressed by the 50-state task force led by the attorney general in Iowa, Tom Miller. Some thought that a 50-state, global settlement would be the best solution to some obvious procedural issues, but now that two states have filed their own suits, we'll have to see what happens.

The two complaints paint a damning, Keystone Kops style of business, of lost paperwork, false promises, false assurance on modifications, capricious foreclosures and the like--all the issues Bank of America has struggled to solve in the wake of its purchase of Countrywide.

"Bank of America's efforts were the most anemic of the big banks and were not confined to the Western states but rather 'reflect a pervasive nationwide pattern and practice of conduct.' The lawsuit noted that Bank of America ranked last in 'virtually every homeowner experience metric' monitored in a monthly report on the federal home loan modification program," according to the New York Times.

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