Oct. 11 (Bloomberg) — A halt in home foreclosures at the largest U.S. mortgage firms may sideline buyers worried about legal issues, further depressing sales at a time when distressed properties account for almost a quarter of all transactions. Bloomberg’s Monica Bertran reports.
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Occupy Detroit marches to the Bank of America office downtown to deliver a message demanding a moratorium on foreclosures in Michigan which was hit hard in the financial collapse. If they fail to respond, we plan a larger demonstration at noon on Friday, October 21st.
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