Friday, October 8, 2010

Bank of America halts foreclosures in all states

Countywide regret?  BofA purchase country-wide for $2 billion.  I wonder what will be the final costs.

“Bank of America has extended our review of foreclosure documents to all fifty states.  We will stop foreclosure sales until our assessment has been satisfactorily completed. Our ongoing assessment shows the basis for our past foreclosure decisions is accurate," Dan Frahm, a spokesman for BofA told HousingWire.

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