Chastened, Bank Leumi Freezes Home Foreclosures

Rest assured the bank will resume proceedings once the protest over its tender treatment of tycoons blows over.

Apr 23, 2013 9:11 AM

Bank Leumi has temporarily halted home foreclosures after the explosion of protest over its tender treatment of a troubled tycoon, for whom the bank had agreed to forgive about NIS 150 million in debt.

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