Bank of America halts foreclosures in 23 states

[babsbunny]

Employee: Bank signed foreclosure papers for thousands of homeowners without any review

http://www.rawstory.com/rs/2010/10/bank-america-halts-foreclosures-23-states/

By The Associated Press
Saturday, October 2nd, 2010 -- 10:22 am

Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners without reading the documents.

The move adds the nation's largest bank to a growing list of mortgage companies whose employees signed documents in foreclosure cases without verifying the information in them.

Bank of America isn't able to estimate how many homeowners' cases will be affected, Dan Frahm, a spokesman for the Charlotte, N.C.-based bank, said Friday. He said the bank plans to resubmit corrected documents within several weeks.

[McCamy Taylor]

1. Too little, too late. America hates the Banksters. Their money is tainted.

Dems need to roll out ads telling Americans which party (Republican) is getting Bankster money.