"The statewide decline could also be attributed to a slow down in processing foreclosures in response to the so-called 'robo-signing,' scandal, he said.
Some large lenders, including Bank of America, slowed foreclosures after employees admitted approving thousands of foreclosure documents without verifying their accuracy.
The scandal has led to investigations in all 50 states and federal oversight panels."
Tuesday, November 23, 2010
Foreclosure dropping across Colorado | coloradoan.com | The Coloradoan: