Bank of America halts foreclosure sales in all 50 states
By Inman News, Bank of America said it’s extended its review of foreclosure documents to all 50 states, and will stop all foreclosure sales until the review is completed. The ongoing assessment, previously confined to 23 states where courts have jurisdiction over foreclosures, “shows the...
MA Attorney General obtains 3 Billion from Mortgage Giant
Massachusetts Attorney General Martha Coakley reached an agreement with Countrywide Financial Corporation or rather the company that took over bought Countrywide out; Bank of America. Bank of America appears to have come to terms with the fact that it is going to pay for purchasing Countrywide Financial...