M&I Announces Extension of Program to Assist Distressed Homeowners

Marshall & Ilsley Corporation MI today announced it has extended its foreclosure moratorium for distressed homeowners. The initial moratorium was announced on December 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. In addition, M&I continues to extend new credit to new and existing customers. Since the infusion of capital from the U.S. Treasury in mid-November 2008 through January 31, 2011, M&I has extended over $11.1 billion of new credit.