Tag: home foreclosures

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News: BOA to Resume Foreclosures

It appears, based on the following article, that BOA will be resuming foreclosure proceedings in NY and 22 other states. As we stated earlier, we doubt that foreclosures were ever really halted in NY (see our earlier post on NY foreclosures). Alan Zibel, AP Real Estate Writer WASHINGTON (AP) — The pace of U.S. home […]


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News: GMAC Halting Home Foreclosures

While we are not yet sure if GMAC is actually stopping its pending foreclosure actions in NY, although we hope that they are, the following is from a recent Bloomberg.com article  entitled “Ally’s GMAC Mortgage Halts Home Foreclosures in 23 States:” Ally Financial Inc.’s GMAC Mortgage unit told brokers and agents to halt foreclosures on […]


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