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Given the current economy (and all the things leading up to the problems we’re having) do you think that banks should halt foreclosures for awhile? And if so, how long?
I think that some banks shoud for certain buyers with specific circumstances. Like if a buyer …

While the economic stimulus package is being debated in the House, JPMorgan and Citigroup have decided to expand their efforts to stop foreclosures.
JPMorgan plans to halt foreclosures until March 6th and Citigroup said it will halt foreclosures “until President Barack Obama’s administration has finalized the …

The housing market in the United States has seen better days and some of the worst were seen last year. Foreclosures increased 81% last year, up from the 2007 figures.
From the AP:
Nationwide, more than 860,000 properties were actually repossessed by lenders, more than double the …

In a special measure around the holiday season, Freddie Mac and Fannie Mae are holding off on foreclosures for about 16,000 homes.
They said today that they will be halting foreclosure sales between November 26, 2008 and January 9, 2009. During which time, they will be …

Even after the S&P lowered the savings-and-loan credit rating today Washington Mutual’s shares rose 16% higher than opening. WaMu was one of the largest profiteers from the housing boom and is now in trouble with the largest mortgage lenders going belly-up. There are even …