Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C) have halted the vast majority of foreclosure sales...

Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C) have halted the vast majority of foreclosure sales in numerous states following the release of new standards from the OCC, reports the American Banker. Harkening back to the days of the robo-signing scandal, Wells' foreclosure sales across 5 westerns states dropped to fewer than 10 per day in April from more than 300 previously. JPMorgan (NYSE:JPM) also slowed sales, but has returned to normal activity. BofA (NYSE:BAC) is proceeding as usual.