Bank of America faulted in foreclosure review

Bank of America faulted in foreclosure review

Bank of America, the largest U.S. lender, “significantly hindered” a federal review of its foreclosures on loans insured by the Federal Housing Administration, the U.S. said.

The bank was slow in providing data and offered incomplete information, according to the Department of Housing and Urban Development inspector general’s office, which conducted the review.

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