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| Home : BofA Halts Sales of Foreclosed Homes |
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Oct 08
2010 |
BofA Halts Sales of Foreclosed Homes |
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The nation's largest bank, Bank of America, stopped sales of foreclosed homes in all 50 states today, a sign that the growing crisis in the real estate industry over flawed foreclosures is worsening. Bank of America executives said that the decision willl alow them to review the documents that it uses to to process foreclosures. Just a week earlier, they halted sales of foreclosed homes in 23 states.
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| Source:http://feeds.abcnews.com/click.phdo?i=835f85c7389d6503745ed5507eb27b32 |
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