Bank of America to resume home foreclosures next week - MSNewsNow.com - Jackson, MS

Bank of America to resume home foreclosures next week

Posted: Updated:

WASHINGTON (AP)  After a short halt, the nation's largest bank will resume home foreclosure sales in 23 states.

Bank of America will re file paperwork in over 100-thousand cases, beginning next Monday.

They'll do so in the 23 states that require a judge's approval to carry out a foreclosure.

The bank, however, will continue its foreclosure delay in the 27 states that do *not* require judicial approval.

The temporary halt arose after a wave of accusations that banks had employees sign foreclosure paperwork without actually reading the documents and verifying their accuracy.

Bank of America says it's confident it filed accurate documents in the majority of the questioned cases.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow