Drumroll: Bank of America reviews several hundred foreclosure cases and finds…. (via Rortybomb)

Further evidence is coming in that the banks’ and the Obama Administration’s assurances of no systematic abuse in the foreclosure process are just nonsense.

Here’s some more evidence.

By the way, the web site Rortybomb seems to really have their stuff together. If I were you I’d give it a regular look.

James Pilant

Drumroll:  Bank of America reviews several hundred foreclosure cases and finds.... Uh-oh: The Charlotte, N.C., lender [Bank of America] discovered errors in 10 to 25 out of the first several hundred foreclosure cases it examined starting last Monday. The problems included improper paperwork, lack of signatures and missing files, said people familiar with the results. In certain cases, information about the property and payment history didn't match…. Some of the defects seem relatively minor, according to the bank, and bank of … Read More

via Rortybomb