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BofA, Chase Halt Foreclosure Evictions Until Jan. 3

By JON PRIOR

Bank of America (BAC: 15.03 +1.14%) and JPMorgan Chase (JPM: 40.95 +1.69%) are suspending foreclosures for the holiday, joining Citigroup (C: 3.40 +6.25%) and the government-sponsored enterprises (GSEs), Fannie Mae (FNM: 1.10 +0.92%) and Freddie Mac (FRE: 1.30 -5.80%). From Dec. 21, 2009 through Jan. 3, 2009, Chase and BofA will postpone foreclosure evictions, according to [...]

Full post as published by Housing Wire on December 18, 2009 (boomark / email).