Bank of America Stops Issuing Default notices to homeowners in Non-Judicial Foreclosure States! I bet they are waiting until July now!

Zerohedge is reporting Bank of America has stopped issuing mortgage default notices in non-judicial states!!

That is huge, that means they are not going forward with foreclosures, if they are not sending out notices of default anymore!

This is for the non-judicial states, which the banks have continued their foreclosures in.  People have to sue the banks to stop foreclosures in non-judicial states, of which there are 33 states that have non-judicial foreclosure proceedings.

I figured out WHY they are not sending out notices now!

People have started fighting their foreclosures in non-judicial states and they have won in many cases, including the Massachusetts Supreme Court case, two weeks ago.

So.... if you are a bank and too many people are getting smart and fighting foreclosures and that is getting more publicity, thus causing more people to fight a foreclosure, what would be your best course of action?

Stop issuing notices of default of course and stop foreclosing at this time, then the bank waits until this July to issue defaults and foreclosure notices!   Once July hits, no one will be able to sue against a foreclosure by the banks!  So they are willing to let people stay in their homes and not start foreclosure proceedings at this time!

I would not be surprised if other banks start following Bank of America's lead, by stopping foreclosures and notices of default in the next few weeks.  

The foreclosure rate will most likely go down drastically until July for the country, but then in July it will shoot to the moon. In July, there will probably be millions of foreclosure notices hit everywhere around the country

So, don't think the banks are being nice now and acknowledging their own fraud by stopping default notices and foreclosures, they are simply waiting until people can not fight a foreclosure, due to the Federal Reserve changing our laws and rights of TILA (Truth in Lending Laws). !

So, those with loans where Bank of America services them, don't get too excited about BOA deciding not to take action against any one at this time.  They are simply willing to wait a few months and let people live in their houses and then they will jump on the people like the sneaky stealing bankrupt everyone they can bank, that they are.

If I was a BOA person, I would be demanding they give me something in writing about their intentions of default of my loan and I would still sue them, before there is not the possibility to do so, come July.

Also, how many people have called Ron Paul about the Federal Reserve changing our TILA laws and rights, who are reading this?  His number is in the other post, I personally have not heard back from anyone there, but I will be calling once more.