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Foreclosure Update: B of A Resumes Process in 23 States

Now that Bank of America announced that it would resume foreclosures in 23 states, "foreclosuregate" enters a new phase. I discussed where we are in the fiasco with WCBS-TV this morning. The interview occurred prior to B of A's better than expected earnings report of $0.27 per share for the third quarter, excluding a goodwill charge.

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