Fremont sale.

Fremont General Corp. of Santa Monica said its bank subsidiary, Fremont Investment & Loan, agreed to sell its loan servicing facility in Irving, Texas, to an unnamed buyer. Financial details were not disclosed but Fremont did say it was a cash deal. Fremont also said that it did not sell any of its loan servicing assets, such as its mortgage servicing fights. The sale came the same week that the Massachusetts Attorney General asked a court to block Fremont Investment & Loan from foreclosing on 500 mortgages in the state. Attorney General Martha Coakley asked the Suffolk County Superior Court to review each mortgage that is subject to foreclosure by the Santa Monica-based lending ann of the bank. Fremont has halted its lending operations and now only operates as a regional bank.