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by CareyBot

Bank of America said it's extended its review of foreclosure documents to all 50 states, and will stop all foreclosure sales until the review is completed.The ongoing assessment, previously confined to 23 states where courts have jurisdiction over foreclosures, "shows the basis for foreclosure decisions is accurate," Bank of America said in a statement.According to its most recent quarterly report to investors, Bank of America sold $453 million in foreclosed properties during the second quarter, leaving it with an inventory of properties valued at $1.74 billion.Bank of America had previously identified the 23 states where it was delaying foreclosures as Connecticut, Delaware, Florida, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Nebraska, New Jersey, New M...