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BoA halts foreclosure across 23 states

Amid growing public anger over home seizures, Bank of America Corp. has suspended some of its foreclosures and JPMorgan Chase & Co. has come under investigation in California and Connecticut.

Amid growing public anger over home seizures, Bank of America Corp. has suspended some of its foreclosures and JPMorgan Chase & Co. has come under investigation in California and Connecticut. Bank of America said on Friday it is delaying foreclosures in 23 states to review whether it has been conducting them properly. Two other big lenders — JPMorgan and Ally Financial Inc.’s GMAC Mortgage — have already suspended foreclosures.

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