Bank of America, GMAC Relaunch Foreclosures - WSJ.com: "Bank of America Corp. reopened more than 100,000 foreclosure actions, declaring that it had found no significant problems in its procedures for seizing homes. GMAC Mortgage, a lender and loan servicer, said that it also is pushing ahead with an unspecified number of foreclosures that came under intense pressure."
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Saw this coming a mile away. The fundamental problem is the economy stinks under Obama. If the Tea Party candidates win in enough numbers to force a new direction in policy, then the economy will be roaring back within 2 years. Actually, you'll see a huge difference within one year. Of coarse, Obama will try to take credit, but we won't let him.
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