Arizona – US Rep. Giffords Seeks 90-Day Foreclosure Moratorium in Arizona

Where ya at at May?

Okay here we go again…

Will you all slow down with the fraud announcements today?

I am exhausted and can barely keep up…

I haven’t even been able to drop this biggest bomb on the Banksters so they can’t enjoy their weekend, not that is was going to be much fun anyway!

Friday, October 1, 2010

U.S. Rep. Gabrielle Giffords (D-Ariz.) called for an immediate three-month moratorium on foreclosures in Arizona so lenders and loan servicers can “address rampant problems that have led to homeowners being wrongly removed from their homes.”

Congresswoman Giffords’ announcement follows the efforts of numerous attorneys general around the country. Friday morning Connecticut AG, Richard Blumenthal announced the state Judicial Department is halting foreclosures for 60 days to conduct an investigation into defective affidavits.

Ally Financial, formerly known as GMAC Mortgage, announced they were halting foreclosures  in 23 states last week due to servicers robo-signing foreclosure documents. JPMorgan said Wednesday it was launching investigations into potential robo-signing within its services. Robo-signing refers to the signing of thousands of foreclosure documents without any knowledge to the accuracy of the documents or without knowing what they contained.

A California attorney general recently demanded JPMorgan halt all foreclosures within that state.

“One family wrongly foreclosed on is a tragedy we simply cannot accept,” Giffords said with regard to Arizona’s foreclosure recall. “The widespread disarray among lenders and loan servicers is making a bad situation worse for many homeowners. A moratorium would give lending institutions and servicers time to get their act together and prevent any more mistakes from being made.”

Rest here…

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4closureFraud.org

Comments
2 Responses to “Arizona – US Rep. Giffords Seeks 90-Day Foreclosure Moratorium in Arizona”
  1. William McAuliffe says:

    Between Fidelity Title’s and the OCC’s stay of foreclosure (Immediate); would that apply to the Condo I own that was to be sold at Trustee’s Sale TODAY? (Oct.1st.?

  2. John says:

    In all these States, will they also stop the vacate orders of those already foreclosed on and their homes sold?
    Especailly if the home wa sold to a servicer like Deush Bank?

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