Monday, October 4, 2010

Banks announcing Moratorium on Foreclosures

J.P. Morgan, GMAC and Bank of America announced a moratorium on foreclosures, other banks are expected to follow after disclosures that documents are not being properly reviewed before filing foreclosure documents.

For more information see the article link below or go to your favorite search engine and type in moratorium and foreclosures 2010.

http://www.usfinancialpost.com/bank-of-america-announces-moratorium-on-home-foreclosures-in-23-states/85771/

 

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