Litton Loan Servicing Suspends Foreclosures

Litton Loan Servicing, Goldman Sachs' servicing unit, has become the latest company to voluntarily halt foreclosures. According to a company statement, Litton has suspended proceedings ‘in certain cases while it completes a review of its procedures.’

The Houston-based firm follows GMAC Mortgage/Ally Financial, Chase and Bank of America in suspending foreclosures.

SOURCE: Litton Loan Servicing


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