BofA Wants Judge To Allow Utah Foreclosure Sales

The power of a top U.S. bank to sell foreclosed homes in Utah hung in the balance Thursday.

A federal judge heard legal arguments on an order that has temporarily halted hundreds of trustee sales by lending behemoth Bank of America and its foreclosure arm ReconTrust. His ruling is expected today.

Bank attorneys attacked a preliminary injunction that was issued May 22 on behalf of St. George homeowner Peni Cox. Her lawyer contends that Bank of America and its affiliates lacked legal standing to conduct those sales in Utah because ReconTrust isn't registered as a business entity with the Utah Department of Commerce.

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