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posted Oct 29, 2010, 6:13 PM by Massey Kouhssari

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Bank of America starts thaw in foreclosure freeze

 October 26th, 2010  BlogAdmin

Bank of America starts thaw in foreclosure freeze
Bank of America plans to resume 100K foreclosures in 23 states, suggesting thaw in freeze

WASHINGTON (AP) — The pace of U.S. home foreclosures may not slow much after all.

Bank of America said Monday that it plans to resume seizing more than 100,000 homes in 23 states next week. It said it has a legal right to foreclose despite accusations that documents used in the process were flawed.

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