Posts Tagged ‘distressed house’

USA Federals Plea To Lenders To Temporarily Contain Foreclosure Proceedings

Thursday, September 6th, 2007

The country is in the grip of foreclosure crisis – the worst in 16 years. The Federal Reserve and other allied banking regulators have taken the unprecedented step of appealing to the mortgage lenders not to rush on with proceedings. The man in the street has been surprised by the move – the likes of [...]