August 23, 2007: CRC Asks Banks to Halt Foreclosures

CRC and supporters have held meetings with California's biggest lenders to discuss a request for a halt on foreclosures and additional ways to keep California homeowners in their homes. 

CRC sent letters (Click here to read) signed by 125 community and consumer organizations to California's six leading mortgage lenders asking their CEOs to declare a moratorium on foreclosures for the next six months and meet with community-based organizations to design solutions to the growing foreclosure crisis.

Click here to read more about the meetings. 

Click here to read the moratorium press release.