Bank of America to resume some foreclosures

The company says it will refile paperwork for 102,000 cases in 23 states that require a judge's approval


--

Shares

Alan Zibel
October 18, 2010 11:36PM (UTC)

Bank of America says it plans to resume foreclosures in 23 states next week and will refile paperwork for 102,000 cases.

The company says it will begin refiling documents next Monday in states that require a judge's approval to restart the foreclosure process. The company says it will continuing delaying about 30,000 foreclosures in 27 states that don't require a judge's approval.

Advertisement:

Bank of America is the only lender to halt foreclosures in all states after evidence emerged that the bank filed documents that employees did not read.


Alan Zibel

MORE FROM Alan Zibel

Related Topics ------------------------------------------

U.s. Economy

BROWSE SALON.COM
COMPLETELY AD FREE,
FOR THE NEXT HOUR

Read Now, Pay Later - no upfront
registration for 1-Hour Access

Click Here
7-Day Access and Monthly
Subscriptions also available
No tracking or personal data collection
beyond name and email address

•••


Fearless journalism
in your inbox every day

Sign up for our free newsletter

• • •