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Real Estate & Property Law

: The Home Equity Theft Reporter

Three Financial Giants Declare Foreclosure Moratorium On "Some" Foreclosures

By r morris

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Reuters reports:Citigroup Inc, JPMorgan Chase & Co, and Morgan Stanley said they had placed a moratorium on foreclosing on some home loans to give the government time to launch a $50 billion mortgage relief program.***Citigroup said its moratorium, which started on February 12, will last until either President Barack Obama has finalized the details of a program for modifying mortgages, or until

Full post as published by The Home Equity Theft Reporter on February 13, 2009 (boomark / email).

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