An Obama Administration housing official said mortgage lenders such as Bank of America Corp. and JPMorgan Chase & Co. could legally resume foreclosures on homes, while a New York judge is forcing lawyers handling foreclosures to verify paperwork accuracy, the Associated Press reported.
Continue reading Obama Official OKs Bank Foreclosure Resumption
Obama Official OKs Bank Foreclosure Resumption originally appeared on DailyFinance on Wed, 20 Oct 2010 18:13:00.
Filed Under: JP Morgan Chase, Bank of America, Real Estate