Foreclosures Mishandled by Banks

Bank of AmericaLast Friday Bank of America announced that it was planning on stopping foreclosures of mortgages in all the 50 states. In the 23 states where a judge’s approval is needed to permit a foreclosure, three banks, PNC Financial, the GMAC Mortgage unit of Ally Financial, and JPMorgan Chase & Co. have also halted foreclosures. These policies are a result of the suspicion that mortgage companies have been violating laws governing the conduct of foreclosures.

Alyssa Anderson

Alyssa Anderson has been involved in the world of business on several levels for many years. She was the CEO of a start-up high-tech company until its purchase by a global on-line e-business. Alyssa helped formulate marketing strategies for several other companies as an independent consultant, and she has advised local government on methods to achieve appropriate fiscal responsibility. Her opinions are well known through her many editorials which have been published throughout her career in a variety of local and national print media. She has been heard on radio discussing current issues affecting the business community and Alyssa hopes to bring her special brand of commonsense coupled with uncanny insight into her editorial responsibilities as the Business Page editor for Left Justified. Contact Alyssa at alyssa(at)

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