Foreclosure Moratoriums?

As announced today, some large lenders are providing a suspension of foreclosures for three weeks as part of Federal loan support programs to the banks. BofA,Citibank,Goldman Sachs and Wells Fargo have agreed to some form of this moratorium. Citi & BofA have said they'll do so as long as the delay doesn't exceed three weeks, while the other two have indicated they already include suspension of foreclosure action as part of their overall aggressive loss mitigation activity, "where appropriate".