Bank of America announced on Monday that it plans to begin foreclosure proceedings again in the 23 judicial foreclosure states (Tennessee is a non-judicial foreclosure state) in which it halted foreclosures on October 9th. From this CNBC report, it appears Bank of America believes it has corrected its defects in the foreclosure documents being presented to courts in those states.
Since Tennessee is not a judicial foreclosure state, it is unclear when Bank of America will start foreclosures again in Tennessee. However, I suspect it will be sooner rather than later.
