Mitchell Commends Bank of America for Halting all Foreclosure Sales; Urges Others to Quickly Follow Suit

SCOTTSDALE, AZ – October 11, 2010 – (RealEstateRama) — U.S. Rep. Harry E. Mitchell today commended Bank of America for halting foreclosure sales in all 50 states in order to address flaws in their foreclosure process. [Source: CNN, October 8, 2010]”I commend Bank of America for doing the responsible thing and halting their foreclosure sales around the country in order to address flaws in their foreclosure process,” said Mitchell. “As we hear more about current flaws in the foreclosure process, it is even more important that banks slow down and figure out the root of the problem I urge others to swiftly follow suit so that families will not have to worry about losing their home because of a clerical error.”