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Loan Modification

: Loan Modification & Home Loan News

Bank of America latest to put hold on foreclosures amid paperwork concerns

By Moe Bedard

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Bank of America, the nation’s largest bank, on Friday became the latest lender to put foreclosures on hold in 23 states because of concerns that court documents it submitted were improperly prepared. Bank of America and other mortgage companies have been under pressure to review their paperwork after employees and contractors said in sworn depositions [...]

Full post as published by Loan Modification & Home Loan News on October 04, 2010 (boomark / email).

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