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Utah has had enough:BoA/CFC foreclosures

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littlewolf Donating Member (920 posts) Send PM | Profile | Ignore Wed May-25-11 03:25 PM
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Utah has had enough:BoA/CFC foreclosures
http://market-ticker.org/akcs-www?post=186895

Utah Has Had Enough: BofA / CFC Foreclosures
It appears that Utah has had enough:
ReconTrust Co. isn’t meeting requirements for carrying out foreclosures in the state, Utah Attorney General Mark Shurtleffsaid in a letter to Bank of America Chief Executive Officer Brian Moynihan. The letter, dated May 19, was released today by Shurtleff’s office.
“All real estate foreclosures conducted by ReconTrust in the state of Utah are not in compliance with Utah’s statutes, and are hence illegal,” Shurtleff wrote.


The time to rattle sabers is over. Start revoking foreign corporate registrations (necessary to do business in a given state) and bringing indictments.


This is excellent ..... 49 more states to go .....
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 03:30 PM
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1. I would like to see jail and personal fines
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littlewolf Donating Member (920 posts) Send PM | Profile | Ignore Wed May-25-11 04:13 PM
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2. absolutely ..... I agree ..... but I also like hitting them in the pocket ....
by denying them the ability to foreclosure in the state....
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 05:14 PM
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3. One wonders about NC, McHenry's state. nt
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 05:16 PM
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4. Yeah, shouldn't they know where their own "equity" is? nt
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