WASHINGTON -(Dow Jones)- JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), Bank of America Corp. (BAC) and Wells Fargo & Co. (WFC) have committed to temporary moratoriums on foreclosures as the government works on a financial stability plan slated to include billions of dollars aimed at keeping people in their homes.”
Info on Jim the Realtor’s site:
“Here are the current counts of bank-owned SFRs and condos in San Diego County – these ought to be enough to tide us over for a month, but get the train back on the tracks soon!
Citigroup – 168
Morgan Stanley – 205
JP Morgan Chase – 265
WFB/Wachovia – 417
Bank of America – 1,725
Total – 2,780
We know that there are over 10,000 bank-owned properties currently in the county, so I doubt that I picked up every one owned by these four lenders. The BofA count includes Countrywide, Bank of New York, Deutsche, and US Bank, plus the private-label CWabs.”
