BofA resumed default notices after pause
Published: January 25, 2011
Time posted: 5:40 pm
Tags: Bank of America
Charlotte-based Bank of America confirmed today that it halted the issuance of default notices as part of its nationwide moratorium on foreclosures last year, according to a Wall Street Journal story.
The bank resumed the foreclosures, and the notices of default, in December, according to the story.
Bank of America could not be reached for comment. But according to The Wall Street Journal, bank spokeswoman Jumana Bauwens said the bank restarted the process, in judicial and nonjudicial states, in December, as it had said at that time.
North Carolina is a nonjudicial state.
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