Texas Temporarily Halts Foreclosures

TEXAS AG HALTS FORECLOSURES

HOUSTON (Houston Chronicle) – Because of current widespread scrutiny over how foreclosures are processed nationwide, the Texas Attorney General’s office has called for a halt on all foreclosures.

Notices were sent to 27 Texas loan servicers, including Bank of America and JPMorgan Chase & Co.

The action is being taken “in an effort to determine the full harm Texas homeowners may have suffered or could suffer as a result of these business practices,” including improperly signing documents related to the foreclosure process, said Jerry Strickland, a spokesman for Attorney General Greg Abbott.

The office also called for a halt on the sale of properties previously foreclosed upon and all evictions of people living in previously foreclosed upon properties