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Tuesday, October 19, 2010

Bank of America to Resume Foreclosures


Bank of America says it plans to lift its freeze on more than 100,000 foreclosure cases in 23 US states next week when it begins resubmitting foreclosure documents to courts in those states.

After halting foreclosures earlier this month on questions of faulty paperwork, the United States' largest mortgage provider says it will resubmit documents in 102,000 foreclosure cases in states that require a judge's approval to restart the foreclosure process, the The Washington Post reported on Monday.'

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