Bank of America Lifts Foreclosure Freeze In 23 States

Today Bank of America announced that it had reviewed 102,000 foreclosures in the 23 states where a court must sign off on the proceedings, and it is now restarting the process on those cases.

The company said the first of the new affidavits will be submitted by Oct. 25, and that it will continue its review in 27 other states.

According to a spokeswoman for the bank, no errors were found during the review, and fewer than 30,000 foreclosure sales across all 50 states will be delayed as a result of the investigation.

Bank of America lifts foreclosure freeze in 23 states – Oct. 18, 2010.

 
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