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CHARLOTTE, NC-Bank of America has revealed that there were erroneous data including wrongly spelt names in the foreclosure-related paperwork it has been reviewing. The bank is all set to resume foreclosure processes in 23 US states. Bank of America along with GMAC Mortgage and JPMorgan Chase halted foreclosure procedures by the end of September amid concerns of incorrect documents and allegations of bank staff signing foreclosure affidavits without proper review of the documents.For the full story, go to New York Times.


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