CHARLOTTE, NC-Bank of America is all set to restart nearly 16,000 foreclosures in December. The bank suspended foreclosures in October owing to the robo-signing scam. It intends to start with non-owner-occupied and vacant houses.
The bank has said that it has taken steps to ensure that all foreclosure-related documents are properly reviewed. The steps include extensive training for its executives and the introduction of a new affidavit form. For the full story, go to New York Times.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
