Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us

Chase offers mortgage holders a way out

By Mark Puente, Times Staff Writer
In Print: Saturday, April 30, 2011

Story Tools
Comments (31)Contact the editor
Email Newsletters 
Social Bookmarking
Click here to find out more!
Business News
Back Next

JP Morgan Chase has a deal for some homeowners behind on their payments: If they'll accept a quick sale of their home, the bank will give them $10,000 to $20,000 and forgive what it loses on the mortgage.

Homeowners get the cash after the home is purchased in a short sale, meaning the buyer pays less than what the bank is owed.

Full story at

Click here to find out more!
Quote 0 0
Write a reply...