By NELSON D. SCHWARTZ and ANDREW MARTIN
Published: October 18, 2010 [A version of this article appeared in print on October 19, 2010, on page A1 of the New York edition.]
Bank of America announced on Monday that it would resume home foreclosures in nearly two dozen states, despite the running controversy over how banks handled tens of thousands of cases of homeowners facing eviction.
Brian Moynihan, Bank of America’s chief, promised a quick end to the foreclosure review when he announced the plan on Oct. 8.
Bank of America, the nation’s largest bank and the servicer of roughly one in five American mortgages, insisted that it had not found a single example where a foreclosure proceeding was brought in error. Continue reading
