Bank of America Corp. on Monday began preparing new affidavits for 102,000 pending foreclosure actions where court approval is required, applying new signatures to documents in 23 states... It hopes the announcement Monday and more detail expected Tuesday as it releases earnings will help restore confidence in the foreclosure process.
JP Morgans ränteanalytiker har även gjort en rapport om "fraudclosure" vars slutsats är att problemet ändå är begränsat.
In our view, many of the mortgage foreclosure problems highlighted in the past few weeks are process oriented and can be fixed in the near term.Se Zerohedge.
Reggie Middleton (of the BoomBustBlog) intar en något mer "contrarian" vy(förvisso mer övergripande än bara relaterat kring "foreclosuregate" och hävdar att "the issues which caused banks to disintegrate or fall in 2007 or 2008 or disintegrate are the same issues which are present right now".
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