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Date: Oct/08/2010 05:35 PM

NFL Jersey on sale Litton Loan Servicing LP is the latest mortgage company to halt some foreclosures and evictions so it can review its process for handling foreclosures.Houston-based Litton made the disclosure Friday in an e-mail to The Associated Press. It didn't say which states are affected. The move comes as numerous lenders review whether foreclosure documents they've submitted to courts complied with state laws.Litton, owned by Goldman Sachs Group Inc., is a mortgage servicer. It collects payments but doesn't make loans.Four other mortgage companies Ally Financial's GMAC Mortgage unit, PNC Financial Services Group Inc., Bank of America, and JPMorgan Chase have announced similar moves in the past two weeks. The top regulator NFL Jerseys for Fannie Mae and Freddie Mac said Friday that government officials aimed to develop a tailored response to the recent foreclosure-documentation controversy that wouldn't have an adverse impact on the fragile housing market.The comments came the same day Bank of America Corp. said it was temporarily going to freeze foreclosure sales across the country as it reviewed the process used by mortgage servicers to handle foreclosures. Several other lenders had agreed to halt foreclosure sales in certain states, but Bank of America's announcement was the most sweeping.It is unclear if other large mortgage servicers will follow suit, but several people familiar with the matter have said banks Cheap NFL Jerseys are facing growing pressure from Fannie Mae and Freddie Mac to address deficiencies in their mortgage servicing operations. Fannie Mae and Freddie Mac were created by Congress to provide liquidity and stability to the housing market. The companies were taken over by the government in 2008 and have been run under a conservatorship by the Federal Housing Finance Agency since that time.FHFA acting director Edward DeMarco wouldn't comment specifically on the Bank of America decision. But he said his agency was working with Fannie Mae and Freddie Mac to determine the scope of the documentation issue and come up with targeted ways to address the matter. Banks and regulators are facing growing political pressure to act quickly, with multiple politicians and state attorneys general insisting in recent days on a broad freeze of foreclosures until the matter is resolved Wholesale NFL Jerseys.

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