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Elliott and her partner, Joanne Hexom, have filed five different applications over the past nine months asking JPMorgan Chase to modify the terms of their mortgage and lower their monthly payments.
The answer has been the same every time: No.
That response has infuriated Elliott and countless other borrowers struggling to hold onto their homes. They wonder why banks that received billions in federal bailout money aren’t doing more to help borrowers stay in their homes.
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