Friday, October 8, 2010

Goldman Sachs’s Litton Loan Servicing Unit Halts Foreclosures - Bloomberg

Goldman Sachs’s Litton Loan Servicing Unit Halts Foreclosures - Bloomberg:
"Litton Loan Servicing LP, a mortgage- servicing business owned by Goldman Sachs Group Inc., said it’s halting some foreclosures to review how they’re handled.

“Litton Loan Servicing has suspended foreclosure proceedings in certain cases while it completes a review of its procedures,” Donna Marie Jendritza, a spokeswoman for Litton, said in an e-mailed statement."

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