Bank of America Restarts their Foreclosure Processes

A week back, when majority of the banks announced that they would stop all foreclosure evictions during the holiday period, it was taken for granted that there would be no evictions even before the holiday period. However, there is bad news for some as Bank of America on Friday 10 December announced it had asked its attorneys to start sales on delinquent properties with immediate effect. The announcement was made by Bank of America spokesperson, Dan Frahm. Nevertheless, foreclosure sales will take place until 20 December and then will be resumed after 3 Jan 2011. Bank of America had declar...
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