Wednesday, July 11, 2007

UPDATE 1-Fremont to stop Mass. foreclosures for 90 days

(Reuters) - Martha Coakley, Massachusetts' attorney general, said her
office had reached a preliminary agreement in which the
California savings and loan will stop foreclosures on over
2,000 Massachusetts loans that the company services to give
state officials time to review all transactions.




"No foreclosures can occur until the Attorney General's
Office has been provided with documentation for each delinquent
loan and a 90-day period to review each transaction," Coakley
said in a statement.


Read more at Reuters.com Bonds News

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