Problems with determining who has the right to foreclose

Here's a good summary of what's happening with current foreclosures...

http://money.cnn.com/2010/10/22/real_estate/foreclosure_paperwork_problems/index.htm?hpt=T2

FINALLY - BANK OF AMERICA HALTS FORECLOSURES PENDING REVIEW

It appears that FINALLY Bank of America is doing the right thing by halting foreclosures to review their foreclosure process.


http://www.10news.com/money/25327133/detail.html?treets=sand&tml=sand_natlbreak&ts=T&tmi=sand_natlbreak_1_10240110082010

This was desparately needed because I've had numerous clients come in who thought they had loan modifications done, but Bank of America foreclosed anyway.