This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Real Estate/Development

Oct. 12, 2010

Halted Sales Create Opportunity

Bank of America's decision to suspend foreclosure sales of under-water homes in all 50 states reflects the nation's broad confusion about the mortgage mess.

By Don J. DeBenedictis

Daily Journal Staff Writer

Bank of America's decision to suspend foreclosure sales of homes in all 50 states reflects the rapidly growing confusion surrounding the nation's home mortgage mess.

The action to halt the final step in the foreclosure process by one of the country's largest residential real estate lenders "is great news," said Andrew McCarron of Harbin & McCarron in Sa...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up