FinancialsBank of America restarts nearly 16,000 foreclosures
Bank of America Corp. announced that it restarted nearly 16,000 foreclosure cases this week, according to a report by the Wall Street Journal. The bank’s foreclosure attorneys prepared 7,800 new affidavits for cases in states the require court approval for foreclosures, and lifted holds on 8,000 cases in states that do not need court approval.