Bank of America decided this week to slow or stop their foreclosure proceedings on homeowners in all 50 states. Why do you think they did this? Was it because they are the benevolent bank of the USA, or do you think that they may be trying to limit the amount of inventory on the market?
Read this article from Sacramento Bee http://www.sacbee.com/2010/10/08/3089909/bank-of-america-halts-foreclosures.html