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>> BANK OF AMERICA Latest News

MAY 06, 2013 - Washington Business Journal

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Bank of America gives charter school in foreclosure a second chance

Bank of America showed some mercy on a North Palm Beach charter school by reinstating its mortgage. It initially looked like the school would be out for good in March 2011 when the bank (NYSE: BAC) filed a foreclosure lawsuit against Baldwin Preparatory School, along with managing members Gena S. Baldwin, Mark A. Baldwin and Georgene Nicastro. The for-profit school at 200 Castlewood Drive was founded in 2003 and serves students from kindergarten through 12th grade. The school entered Chapter 11…

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