BofA to Meet With States in Foreclosure Probe

By: The Associated Press
By: The Associated Press

WASHINGTON (AP) - Bank of America Corp. is scheduled to meet
Thursday with state officials investigating allegations the bank
rushed the foreclosure process without properly reviewing documents.

A person briefed on the matter confirms the parties will meet.
The person did not give details about the meeting or who will
participate. The person who spoke on condition of anonymity
was not authorized to speak.

A spokesman for the Charlotte N.C.-based lender could not be
reached for comment. Bank of America resumed foreclosures this week after halting them temporarily to review and fix flawed documents.

Attorneys general in all 50 are jointly investigating whether
paperwork and legal procedures were handled properly in hundreds of thousands of cases.


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