Just to keep it interesting, last Monday BOA announced that it would resume foreclosures in 23 states. BOA said it plans to resubmit documents with new signatures in the 23 states that require judicial authorization to restart the foreclosure process. These 23 states are those that have judicial foreclosures only and require a court process to foreclose.
By contrast, WA has both Judicial and non-judicial foreclosure remedies. Almost all of the residential foreclosures here are non-judicial and require no court intervention. Thus, WA is not affected by this latest BOA announcement.
However, I have still counseled my clients that it is "business as usual" with respect to foreclosure in WA--and why not? Even with a supposed self-imposed BOA moratorium still in place in WA state, BOA can still take the foreclosure process right up to auction and then not proceed. It is important to understand that the foreclosure clock is still ticking. Homeowners must still prepare for foreclosure or plan for a legal defense against it.