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Major US banks, mortgage giants freeze foreclosures
(AFP)

February 14th, 2009 · No Comments

JPMorgan Chase & Co Chairman and CEO Jamie Dimon testifies before the House Financial Services Committee February 11, 2009 in Washington, DC. Two US banks and top mortgage finance giants have imposed moratoriums on home foreclosures until a comprehensive government plan emerges to ease the mortgage crisis, officials said.(AFP/Getty Images/File/Chip Somodevilla)AFP – Two US banks and top mortgage finance giants have imposed moratoriums on home foreclosures until a comprehensive government plan emerges to ease the mortgage crisis, officials said Friday.




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[Source: Yahoo! News: Business]

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