Mediation might not come soon enough for homeowners facing foreclosure on their Bank of America mortgages. The bank halted all foreclosures earlier this month while it sorted out its paperwork problems. This week, the bank said the review is complete and it will resume foreclosures. But there's new pressure now from investors who want to force banks to buy back problem home-loans. Host Scott Simon talks with Joe Nocera, who writes the
Talking Business column for
The New York Times.
Source: http://www.npr.org/templates/story/story.php?storyId=130772426&ft=1&f=1014
ANTONIN SCALIA
APPEALS COURTS (US)
ARIZONA
ARKANSAS
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