Are they being nice or just plain practical?
JPMorgan Chase the nation's largest bank and one of its biggest mortgage lenders, temporarily halted foreclosures Friday and offered to renegotiate a swathe of mortgages.
The global credit crisis, which began with subprime mortgages, increasingly appears to be affecting a wider range of consumer loans and, according to a report published by First American CoreLogic Friday, nearly one in five U.S. mortgage borrowers now owes more on the loan than their home is worth.
