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Loan Modification

: The Truth About Mortgage.com

Citi and Fannie Suspend Foreclosures, Payments in Oil Stricken Gulf

By scot184

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Both Citi and Fannie Mae announced separate foreclosure moratoriums today for homeowners affected by the BP oil spill. Citi said it would suspend foreclosure notifications and sales on CitiMortgage-owned first mortgages in coastal regions of the Gulf of Mexico ?hard-hit by the oil spill? for three months. The suspension is effective from June 17 until September 17, [...]

Full post as published by The Truth About Mortgage.com on June 16, 2010 (boomark / email).

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