Connecticut Halts All Bank Foreclosures

Posted: Updated:

Connecticut Attorney General Richard Blumenthal on Friday ordered a moratorium on all foreclosures by all banks for 60 days--the most radical action taken by a state on issue of document irregularities.

California also expanded the moratorium on foreclosures it announced last week on Ally Financial foreclosures to include those by J.P. Morgan Chase.

Calling the companies' review of key foreclosure documents "a ruse," California Attorney General Jerry Brown (D) ordered J.P. Morgan to prove it is following the law before it continues foreclosures in the state.

Read the whole story at Washington Post

Around the Web

Connecticut halts all foreclosures for all banks

Blumenthal seeks foreclosure info from company

Duff: Connecticut Foreclosures, Short Sales No Longer Subject to Real Estate ...

Foreclosure Errors Cloud Homeownership With `Blighted Titles'

Foreclosures Up in Fairfield County