Foreclosure Freeze Begins to Thaw

By: Associated Press
By: Associated Press

WASHINGTON (AP) - Bank of America says it plans to resume foreclosures in 23 states next week and will refile paperwork for
102,000 cases.

The company says it will begin refiling documents next Monday in states that require a judge's approval to restart the foreclosure process. The company says it will continuing delaying about 30,000 foreclosures in 27 states that don't require a judge's approval.

Bank of America is the only lender to halt foreclosures in all states after evidence emerged that the bank filed documents that employees did not read.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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