Today was the first Tuesday of the month, and foreclosure auctions typically scheduled for that day in Texas went on as usual in Harris County and elsewhere, a day after the state attorney general asked that foreclosure procedures stop for review of documentation processes.
Attorney General Greg Abbott on Monday asked 30 lenders to put foreclosures on hold on the heels of foreclosure suspensions in at least 23 other states amid allegations of “robosigning” — processing documents without required review and notarization.
Two major lenders on the list, JPMorgan Chase and Bank of America, declined to comment on Abbott’s action. A spokeswoman for Wells Fargo said in a written statement that it doesn’t plan a foreclosure moratorium.
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