UPDATE 2-JPMorgan halts foreclosures, modifies mortgages November 1st, 2008 NEW YORK, Oct 31 (Reuters) - JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz),the nations largest bank and one of its biggest mortgagelenders, temporarily halted foreclosures on Friday and offeredto renegotiate a swathe of mortgages. The global credit crisis, which began with subprimemortgages, increasingly appears to be affecting a wider range of consumer loans and, according to a report publish...
Read More...
Saturday, December 27, 2008
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment