Utah Judge Lifts Injunction Against BofA

Written by John Clapp
on June 14, 2010 No Comments
Categories : Mortgage Servicing

istrict Judge Clark Waddoups has dissolved the May 22 preliminary injunction against Bank of America and its ReconTrust subsidiary that prevented the companies from performing trustee's sales in the state of Utah. In his ruling, Waddoups did not give a reason for lifting the injunction, only writing that a memorandum explaining the decision will be filed shortly. In a statement, Bank of America says it is pleased with the court's ruling, adding, ‘It is Bank of America and its related affiliates' policy to handle foreclosures in compliance with applicable laws, and by its ruling today, the court has recognized that fact

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