JPMorgan Chase Announces $110 Billion Loan Modification Program

JPMorgan Chase Announces $110 Billion Loan Modification Program Posted under Home Loan News JPMorgan Chase & Co. (JPM) the largest U.S. bank by market value, plans to offer $110 billion in loan modifications of mortgages with plans to expand its modification program within the next 90 days to help 400,000 homeowners avoid foreclosure. In addition, Chase plans to forgo foreclosure proceedings on all real-estate loans while the changes are [...] Principle Reductions: Wipe Out Your 2nd

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