Marshall & Ilsley Corp. (M&I) has extended its foreclosure moratorium through March 31. The initial moratorium was announced on Dec. 18, 2008, as part of M&I's Homeowner Assistance Program.
The moratorium is on all owner-occupied residential loans for customers who agree to work in good faith to reach a successful repayment agreement. The moratorium applies to applicable loans in all M&I markets.
SOURCE: Marshall& Ilsley Corp.