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Real Estate & Property Law

: Housing Wire

Webster Bank Halts Foreclosures

By PAUL JACKSON

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Lest any readers doubt that the great mortgage bailout machine has begun spinning its wheels, the idea of foreclosure moratoriums has continued to catch banks in its net. The latest is Waterbury, Conn.-based Webster Bank, N.A., a subsidiary of Webster Financial Corporation (WBS: 14.82 -1.85%), which on Thursday announced a 90-day moratorium on foreclosures for [...]

Full post as published by Housing Wire on November 13, 2008 (boomark / email).

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