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Real Estate & Property Law

: The Home Equity Theft Reporter

Utah AG To Federal Appeals Court: BofA Sub Legally "Unqualified To Carry Out Trustee Foreclosures"

By r morris

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Bloomberg reports:A Bank of America Corp. unit is breaking the law by foreclosing on homeowners in Utah because it doesn?t meet state requirements, the state attorney general?s office said in a federal appeals court case.ReconTrust Co., a subsidiary of Bank of America, the biggest U.S. lender by assets, isn?t a member of the state bar or a title insurance company and is unqualified to carry out

Full post as published by The Home Equity Theft Reporter on February 20, 2011 (boomark / email).

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