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Wells Fargo may have used practices that prompted rivals to "halt" home repossessions

According to Naked Capitalism

GMAC announced a foreclosure halt in all 50 states; JP Morgan and Bank of America have stopped in 23 judicial foreclosure states.

Or have they? Florida is a judicial foreclosure state, and local reports suggest the banks are pressing forward with foreclosures. Note the inconsistencies between the statements of the bank employees versus the action on the ground.

by gk (gk) on Thu Oct 14th, 2010 at 06:10:14 AM EST
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