Thursday, February 25, 2010

Chase Bank By Far the Worst at Finalizing Loan Modifications

The nonprofit news group ProPublica reported yesterday that 97,000 homeowners have been stuck in trial loan modifications for more than six months under the government's anti-foreclosure program, which was supposed to generate permanent modifications after three months.

60,000 of those 97,000 borrowers have their mortgages with JPMorgan Chase & Co. . .WOW. . .can you say extend and pretend. . .

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