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Bank facing sanctions for delays in foreclosure case (access required)

Bureaucracy blamed for post-settlement dysfunction

Lawyers for a struggling Rockingham County homeowner are asking a judge to get tough with Bank of America N.A. for dragging its feet on payment after settling a foreclosure lawsuit. A U.S. magistrate judge entered a sanctions show-cause requiring BoA to explain repeated delays in complying with court orders to carry out the settlement. A hearing ...

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