Bank of America Corp (BAC: 11.15 ,-0.31 ,-2.71%) acknowledged some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases, the Wall Street Journal said.
The bank found errors in 10 to 25 out of the first several hundred foreclosure it examined starting last Monday, the newspaper said.
The problems included improper paperwork, lack of signatures and missing files, as well as cases in which information about the property and payment history being unmatched, the Journal said.
From: http://www.foxbusiness.com/markets/2010/10/25/bank-america-finds-foreclosure-mistakes-report/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment