REAL ISSUES

Atty. Gen. Calls For Statewide Foreclosure Freeze

Greg Abbott

Texas Attorney General Greg Abbott calls for statewide foreclosure freeze

AUSTIN, Texas – Texas Attorney General Greg Abbott asked loan servicing companies on Monday to suspend all foreclosure activities over concerns about the accuracy of foreclosure documents.

In a letter sent to 27 companies that service mortgage loans in Texas, Abbott’s office demanded the immediate suspension of foreclosures, selling foreclosed properties and evicting people living in those properties.

The letter asks that companies obey the moratorium at least through Oct. 15 – the deadline Abbott established for companies to identify any employees who participated in unlawful practices and assure the state that the targeted companies are following Texas laws.

Full article from The Dallas Morning News

Short URL: http://realissues.us/?p=377

Posted by on Oct 7 2010. Filed under Texas, Top Stories. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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