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Real Estate & Property Law

: The Home Equity Theft Reporter

Banks Want Court To Scrap Proposal To Halt NJ Foreclosures; Ask Judge To Believe Screw-Ups In Process Can Be Fixed Without Stalling Court Proceedings

By r morris

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In Trenton, New Jersey, Bloomberg reports:Bank of America Corp., JPMorgan Chase & Co. and other U.S. banks told a New Jersey court that defects in their processes for seizing homes in the state can be remedied without halting foreclosures.The banks have taken steps to improve their procedures, making a suspension unnecessary, they said in documents filed [last week] in state court in Trenton, New

Full post as published by The Home Equity Theft Reporter on January 09, 2011 (boomark / email).

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