LIST STATES: Foreclosure freeze / Resume of Sales RECAP

New this WEEK:  BAC and GMAC as well as CHASE should be resuming foreclosures next week.  The states affected buy BAC resumption of sales are:
•Connecticut       
•Florida
Hawaii
•Illinois
•Indiana
•Iowa
•North Carolina
North Dakota
•Ohio
•Oklahoma

Pennsylvania
South Carolina
South Dakota
•Vermont
•Wisconsin






last  week:  50 States Attorney Generals are joining together to INVESTIGATE the foreclosure industry.  Read on for information for freezes.
WASHINGTON DC is now on the list for investigations I have not heard if there is freeze.
NEW YORK:  State Attorney General Andrew Cuomo  Sources tell The Post that the AG is demanding that the biggest mortgage lenders Bank of America, JPMorgan Chase, Wells Fargo and GMAC Ally Financial halt foreclosures in the state effective immediately.
BANK of AMERICA  & GMAC have frozen or halted foreclosures in all 50 states.

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RECAP of news please check with lender to confirm:
BANKS:  BAC , GMAC , PNCfinancial and M&I have all announded 50 state freeze. (PNL is for 30 days)  CHASE is reviewing documents in all 50 states.

history: The main states affected initially were 23 non judicial states.  In September GMAC announced halt then retracted the freeze on foreclosures.   Followed by CHASE with 56,000 reviews to do, and then BAC.  M&I has extended  foreclosure moratorium through the holidays. Wells Fargo refuses to halt foreclosure despite deposition by employee that questions legality of documentation.    GMAC and BAC are nationwide


STATES  State with partial foreclosure freeze   California, Connecticut (all foreclosures frozen) ,  Colorado Florida, Iowa, Illinois, Minnesota North Carolina and Texas Most notably Connecticut which correctly surmised that if several banks have robo-signers then all need investigation, before robbing people of their homes and stopped foreclosures for 60 days. North Carolina is investigating 15 lenders as is Minnesota. Massachusetts has set up investigation to explore changing to judicial state.  Ohio and Idaho are conducting investigations you will need to check for foreclosure freeze by contacting your states attorney general. 


NEWS::  Video must sees are the Grayson video' the woman whose bank broke into her home; the Ratigan report. Do a search on the blog or on Google to find video news reports.  

POLITICIANS:  Senator Alan Grayson put out a VIDEO  and written appeal to Florida Chief Justice which has become video of the day for foreclosure fighters! Written appeal by Franken: 3 leading Senators.   Pelosi called for Federal Inquiry. Recently California Democrats called on Congress with a letter petition to halt foreclosures.   One wonders if the world will follow suit. UK? Philippines? Canada? Greece?

State with partial foreclosure freeze   California, Connecticut (all foreclosures frozen) ,  Colorado Florida, Iowa, Illinois, Minnesota North Carolina and Texas 


23 Judicial states that have foreclosure halted by GMAC and BAC 
Connecticut, Florida, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Nebraska, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Vermont, Wisconsin.



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