Westwood S&L; filed foreclosure notices.
- Share via
The Los Angeles-based savings and loan filed the actions on properties in Michigan, Arizona, Colorado and Texas owned by Dallas-based real estate syndicator Craig Hall, according to a spokesman for the Federal Home Loan Bank of San Francisco. S&L; regulators took over Westwood Savings in March because of its large portfolio of problem real estate loans. Hall has been trying to refinance $181 million in commercial and residential real estate loans obtained through Westwood Savings.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.