Translate
Thursday, February 26, 2009
Wednesday, February 25, 2009
Monday, February 23, 2009
Friday, February 13, 2009
BofA CFO: Bank is financially strong February-13 2009
Bank of America Corp. Chief Financial Officer Joe Price assured employees Friday the company has enough cash to finance operations for more than two years.
JPMorgan Chase Co. and Citigroup Inc Foreclosures Halt!
JP Morgan Chase & Co. and Citigroup Inc. are expanding their efforts to halt home foreclosures while the Obama administration develops its plans to help the U.S. housing market.
JP Morgan said the New York company plans to halt new foreclosures for owner-occupied home loans through March 6.
"This moratorium replicates the 90-day foreclosure freeze we announced on Oct. 31,"
Citigroup's foreclosure moratorium applies to all "Citi owned first mortgage loans that are the principal residence of the customer as well as all loans Citi services where we have reached an understanding with the investor" until President Barack Obama's administration has finalized the details of the loan modification program or March 12, whichever is earlier, according to a company release.
JP Morgan said the New York company plans to halt new foreclosures for owner-occupied home loans through March 6.
"This moratorium replicates the 90-day foreclosure freeze we announced on Oct. 31,"
Citigroup's foreclosure moratorium applies to all "Citi owned first mortgage loans that are the principal residence of the customer as well as all loans Citi services where we have reached an understanding with the investor" until President Barack Obama's administration has finalized the details of the loan modification program or March 12, whichever is earlier, according to a company release.
Subscribe to:
Posts (Atom)