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Category Archives: Foreclosure Statistics
Do Banks Need Original Docs to Foreclose? NC Court Decides
ShareMany banks have proceeded with foreclosures without original signatures and documents. Their actions have caused much debate among law makers and home owners if this process is legal or not. The North Carolina Supreme Court has heard arguments from attorneys … Continue reading
North Carolina Foreclosures Up in 2010
ShareThe Winston Salem Journal has reported that 2010 is becoming a record year for North Carolina foreclosures. Several consumer advocacy groups are reporting the NC foreclosure filings could set a record, but eight counties have already broken annual records. The … Continue reading
Bank of America is Back to Foreclosures
ShareAfter announcing last week, that they would put a halt on all foreclosures, Bank of America is back to foreclosures in the 23 states where judges preceded. After reviewing their foreclosure procedures, they decided they had done no wrong other than paperwork errors. … Continue reading
Bank of America Halts Foreclosure Sales
ShareThe AP has reported that Bank of America will halt foreclosure sales in all 50 states due to bank employees signing foreclosure documents without verifying information. Last week they announced they would stop foreclosure REO sales in 23 states, but … Continue reading