Friday, June 11, 2010

Some Good Fortune in Utah: Peter

Don't know how long it will last, but if you live in Utah, have your mortgage with Bank of America, and are facing foreclosure, you got at least a temporary reprieve this past week. A court ruling held that B of A must, at least for the time being cease foreclosures under such loans as, according to the judge, B of A is not licensed to conduct business in the state of Utah. I'm sure that the bank won't take this lying down, but how soon they get it straightened out and resume foreclosures again is something to keep your eyes peeled for. Check your papers regularly and stay in touch here. If I hear of anything further, you'll all be the first to know.
Good luck.

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