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January 09, 2009, 11:03:16 PM
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Author Topic: JP Morgan moves to halt foreclosures  (Read 671 times)
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lizandjer
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« on: November 03, 2008, 03:08:28 AM »
Following in the steps of Bank of America's Countrywide division, JP Morgan announced measures on Friday to help halt foreclosures on mortgages it owns. 

Foreclosure will be halted for 90 days while the bank determines policies to work with borrowers. 

More details from the New York Times:

JP Morgan places 90 day halt on foreclosures
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