ST. GEORGE — Bank of America has been ordered by Utah’s 5th District Court to halt its foreclosure activity in Utah as a result of the company’s failure to comply with state law, according to a local attorney.
If made permanent, the court order issued by 5th District Court Judge James Shumate would force Bank of America and other lenders to follow state statutes requiring them to register with the state and open offices in Utah, allowing customers to negotiate with lenders in person, according to a press release issued Sunday night by John Christian Barlow, Esq,, a St. George attorney who filed the lawsuit on behalf of a St. George resident.
“They are clearly in violation of state statutes that require them to have offices in the state,” Barlow said Monday during a phone interview with The Spectrum.
On May 22, Shumate issued a preliminary injunction order halting impending foreclosures by Bank of America, according to the release.
Read more: http://www.thespectrum.com/article/20100607/NEWS05/100607011/Court-halts-BofA-foreclosures-in-Utah
Utah is suffering a lot with foreclosures. Maybe this decision is to bring a relief to owners out there