The Rush Is On By Lenders, Servicers Looking To Dodge California's New 90-Day Foreclosure Moratorium
- Bank of America, Citigroup and EMC Mortgage Corp. are among seven companies that have received permanent exemptions to California’s 90-day foreclosure moratorium, which began last week. More than 20 other lenders and loan servicers, including Wells Fargo and JPMorgan Chase, have received a temporary exemption while they wait to learn if it will become permanent.
For more, see 7 lenders escape state foreclosure moratorium.
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