The White House has ruled out a temporary ban on the repossession of homes, despite a growing row over alleged malpractice.
Some US banks have already imposed their own moratorium on foreclosures while they investigate possible legal flaws in the eviction process.
Amid claims that shoddy paperwork led to wrongful repossessions, calls have grown for a nationwide moratorium.
But a White House spokesman said this could have "unintended consequences".'
Read more...
No comments:
Post a Comment
Thanks for your comment it is much appreciated.