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Chase

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 CEO, Jamie Dimon Sees More Bank Losses

by Moe Bedard

CHARLOTTE, N.C. — JPMorgan Chase & Co.’s CEO said Tuesday that the bank sees additional losses on home loans next year even as the economy shows slight improvements.

Jamie Dimon told investors at the Goldman Sachs U.S. Financial Services

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Wall Street War Brewing Against Obama Plan

by Moe Bedard

By Moe Bedard
While the likes of Bank of America, JP Morgan Chase, and Wells have signed on to the Obama plan, Bond managers are setting their battle plans against one of the largest government bailouts in history. Arguing that changing the terms of 4 million potential loans would do irreparable damage to the bond market, [...]

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Is Chase the True Leader of Loan Modifications and Loss Mitigation for Homeowners?

by Moe Bedard

By Moe 
I have to say that I have been quite impressed with Chase and their advancements they have made without having to agree to any political persuasion. It appears that they are doing things their way and they are not waiting for any Hope Now agreements or political persuasion.
In fact I believe that they should [...]

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