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Real Estate & Property Law

: Housing Wire

Citigroup and JP Morgan Suspend Foreclosures

By KELLY CURRAN

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Both Citigroup Inc. (C: 3.64 +0.83%) and JP Morgan Chase (JPM: 25.02 -4.47%) announced Friday they have enacted temporary foreclosure moratoriums. The news comes one day after House Financial Services Committee chairman Barney Frank and the Office of Thrift Supervision urged financial institutions to halt foreclosures, until lawmakers have had time to hash out the [...]

Full post as published by Housing Wire on February 13, 2009 (boomark / email).

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