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Bank Of America Lifts Foreclosure Freeze

Bank of America lifted its national foreclosure freeze this week and began taking back some 16,000 properties, starting with homes that were either vacant or did not have owners living in them.

The bank, which is the largest financial institution in the U.S., declared a national freeze on foreclosure sales in October, after it acknowledged it had employed people who legally attested to the accuracy of foreclosure documents without reading them.

Read more: Foreclosure Crisis, Foreclosure Freeze, Bank of America, Business News, Housing Markets, Bank of America Home Loans, Housing Crisis, Fourclosure Mess, Business News

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