In a new report on the state of the mortgage insurance industry, Moody's reported that a new risk transfer pilot program had the potential to shake up the industry. Here are the details.
Read More »M&I Extends Its Foreclosure Moratorium
Marshall & Ilsley Corporation (M&I) has extended its foreclosure moratorium for distressed homeowners. Begun in December 2008 as part of M&I's Homeowner Assistance Program, the moratorium applies to applicable loans in all M&I markets and covers all owner-occupied residential loans for customers who agree to work in good faith to reach a successful repayment agreement.
Read More »M&I Extends Foreclosure Moratorium to Assist Distressed Homeowners
Marshall & Ilsley Corporation (M&I) has extended its foreclosure moratorium for distressed homeowners through March 31 as part of its Homeowner Assistance Program. M&I originally instituted the foreclosure freeze in December 2008, as has been a typical practice for many lenders around the holiday season since the housing crisis set in. The company has been regularly extending its suspension on home repossessions ever since to afford customers who are struggling with their mortgage payments the opportunity to keep their homes.
Read More »M&I Corporation Announces Foreclosure Moratorium Extension
Marshall & Ilsley Corporation (M&I), a financial services institution based in Milwaukee, Wisconsin, has extended its foreclosure moratorium through December 31, 2010. The initial moratorium, which applies to owner-occupied residential loans in all M&I markets for customers who agree to reach a successful repayment agreement, was announced December 18, 2008, as part of the company's Homeowner Assistance Program.
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