If you are reading all the news about banks halting foreclosures across the nation due to what they call "robo-signing", you may be wondering how this affects Rhode Island foreclosures. Rhode Island is a non-judicial foreclosure state. This means that these problems will NOT affect Rhode Island foreclosures. The 23 states that are affected are Judicial states.
All 50 states are now being affected by BOFA and some others.
This should "not" affect short sales.