Chase

JPMorgan Refuses Loan Modifications for Those Who Can Make the Payments: Ventura Real Estate

by garyandlisa April 3, 2011 Sellers

WASHINGTON (CNNMoney) — The head of JPMorgan Chase said Wednesday that banks would not consider writing down mortgages for homeowners who can make payments, an idea at the center of talks aimed at fixing the mortgage mess.

“Principal writedown for people who could pay their mortgages? Yeah, that’s off the table,” JPMorgan Chase (JPM, Fortune …

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