Error Delays Foreclosures in 23 States
img class="alignleft size-full wp-image-42203" title="foreclosure home" src="/files/wxrimport/2010-09/foreclosure-home.jpg" alt="" width="205" height="105" /><The Upshot reports:
Nationwide home foreclosures were up 25 percent last month, with banks taking back the largest number of homes since the span style="color: #366388;">mortgage crisis< began. But struggling homeowners are getting some unexpected relief due to a massive bureaucratic error by one of the nation's largest mortgage lenders: Ally Financial has suspended evictions in 23 states because the executive in charge of processing foreclosures failed to read the paperwork and sign it in front of a notary, as those span style="color: #366388;">states' laws< require.
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