Posts with tag moratorium

Now that the housing market is bottoming out in many areas of country and even showing some signs of recovery, is strategic default a passing phase or still worth considering? The San Francisco Federal Reserve concludes that the default point "depends on a borrower's expectations regarding future house price changes and... Continue Reading »

Get this: Citigroup wants to make sure that its customers -- those on the verge of being booted out of their homes -- have a less stressful holiday. So the beleaguered bank has decided to give them a holiday reprieve by suspending foreclosures and evictions for up to 30 days. "We want our borrowers to have a much less... Continue Reading »