From the category archives:

chase mortgage

Chase opens two more centers to keep Tri-State area families in their homes

by Moe Bedard

Chase opens two more centers to keep Tri-State area families in their homes
NEW YORK, Feb. 25, 2010 – Chase today marked the official opening of new homeownership centers in the Bronx and Brooklyn to help families struggling with their mortgage payments.

Chase now has five centers in the Tri-State area providing face-to-face assistance to distressed borrowers [...]

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Are lenders denying loan modifications for no reason?

by Moe Bedard

The non-profit journalism center ProPublica claims that banks are leading loan modification candidates astray by denying them a deal for reasons that are at best, specious, and at worst, illegal. The center’s investigation focused on larger banks like JPMorgan Chase (Stock Quote: JPM) and Wells Fargo (Stock Quote: WFC). What it found sees to be [...]

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Chase denying loan modifications for a forbidden reason

by Moe Bedard

On the Saturday before Thanksgiving, Lesa Herron of Santa Rosa, Calif., opened a letter from Chase Home Finance [1] (PDF). She’d been denied a permanent modification under the federal government’s loan-mod program, Chase said, because “Your hardship is not of a permanent nature.” No other reason was given.

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Chase to open Florida loan modification centers

by Moe Bedard

JPMorgan Chase & Co. plans to hire 600 people this year in Florida, with 250 of them in South Florida alone.
That’s just part of the New York-based company’s expansion plans, Chairman and CEO Jamie Dimon said during a visit to Miami on Thursday.
Since acquiring the failed Washington Mutual in October 2008, JPMorgan Chase (NYSE: JPM) [...]

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