Thursday, December 18, 2008

Lenders Calling Moratoriums On Foreclosure?

Following the lead of Freddie Mac and Fannie Mae, lenders across the country are jumping on the foreclosure moratorium bandwagon. This is accompanied by calls for moratoriums in the states of Connecticut, Florida and California. Protests by community groups have sprung up across the country demanding this relief. In California, Governor Schwartzenegger and several legislative leaders are proposing a 90 to 120 day stop to all foreclosures in the state. In Connecticut, Governor M. Jodi Rell p

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