The Office of Thrift Supervision of the U. S. Department of the Treasury has urged savings associations and holding companies under its purview to temporarily suspend foreclosures of owner-occupied homes until the Financial Stability Plan proposed Tuesday by Treasury Secretary Timothy Geithner is finalized. John M. Reich, OTS Director, says the plan will be in place in a few weeks, and the temporary suspension would
, , , not only be the right thing to do to keep American families in their homes, but we believe it would allow OTS-regulated thrifts to avoid the costs of foreclosures in cases where modifications might be feasible under the Plan.
on May 4th, 2010 at 6:31 am
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The Office of Thrift Supervision of the U. S…..
on Jul 5th, 2010 at 7:50 am
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