Texas Attorney General Halts Foreclosures and Sales of Foreclosed Properties

The Texas Attorney General’s office has halted all foreclosures, all sales of properties previously foreclosed upon, and all evictions of persons residing in previously foreclosed upon properties, until mortgage companies have completed a review of their processes, including whether employees or agents “robosigned” affidavits and other documents recorded in Texas.

The AG suspension notices were sent to 30 mortgage-loan servicers doing business in Texas including:

American Home Mortgage Servicing, Inc.

American General Finance, Inc.

AmTrust Mortgage Corporation

Aurora Loan Servicec, Inc.

Bank of America

Carrington Mortgage Services, LLC

Cenlar, FSB

JP Morgan Chase & Co.

CitiMortgage, Inc.

EMC Mortgage Corporation

First Horizon National Corp.

Ally Financial, Inc./GMAC

Home Loan Services

HomEq Servicing, Inc.

HSBC North America Holdings, Inc.

Litton Loan Servicing, Inc.

MGC Mortgage, Inc.

Midland Mortgage Company

MorEquity, Inc.

National City Mortgage c/o PNC Financial Services Group, Inc.

Nationstar Mortgage Company

Ocwen Loan Servicing, LLC

OneWest Bank Group LLC

PHH Mortgage Services Corporation

Saxon Mortgage Services, Inc.

Select Portfolio Servicing, Inc.

Vanderbilt Mortgage and Finance, Inc.

Washington Mutual

Wells Fargo & Company

Wilshire Credit Corporation

Expect more on this developing story in the next few days.  We need to determine what impact this will have on existing sales contracts.

Source: Texas Association of REALTORS®

About Tom Branch

Tom Branch has written 597 posts in this blog.


Have you ever just met someone, but felt you like you'd known him for years? That's what most people experience with Tom. He has a knack for making folks feel right at home. After 21 years in the Air Force, loyalty and honesty are the foundation of everything Tom does. In addition to being a Texas Real Estate Broker, Tom is a Certified Distressed Property Expert (CDPE) and a Short Sales & Foreclosure Resource (SFR).

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