Foreclosure Moratoriums A Bad Idea?

04 Dec 2008

Roughly two-thirds of mortgage professionals surveyed believe a national moratorium on home foreclosures may not be a great idea.

Roughly two-thirds of mortgage professionals surveyed believe a national moratorium on home foreclosures may not be a great idea. According to a survey by National Asset Direct, 31.5% of respondents said moratorium would have a negative impact, while 33.5% said it would have only a minimal positive ...

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