Wisconsin Banking Update
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More Banks Halt Foreclosures
Posted on February 17th, 2009 No commentsPNC Financial Services Group Inc., the parent of National City Bank, has placed a moratorium on new and pending mortgage foreclosures on mortgage loans owned and serviced by PNC and National City Mortgage. PNC joins large banks such as Wells Fargo, Chase and Bank of America, which also recently announced moratoriums on mortgage loans, The Business Journal of Milwaukee reported.
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