JPMorgan overcharged military families, improperly foreclosed

She said that Chase was soon to begin mailing a total of about $2 million in refunds to families that may have been overcharged. She says most of the families improperly foreclosed on have gotten.

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JP Morgan-Chase “Accidentally” Foreclosed on Military Mortgages: Violated. to about 4,000 military mortgage holders that were overcharged in interest. duty and by putting 14 families back into their illegally-foreclosed homes.. SCRA is not only wrong, it is punishable by law with fines or imprisonment.

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"One of the nation’s biggest banks, JP Morgan Chase, admits it has overcharged several thousand military families for their mortgages, including families of troops fighting in Afghanistan. The bank also says it improperly foreclosed on more than a dozen homes belonging to military families." chase overcharged troops on mortgages – msnbc.com

J.P. Morgan Chase admits that it overcharged thousands of military service personnel on their mortgages and wrongfully foreclosed on 14 active-duty families. banks to protect their homes," Reed.

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[Update 1: Adds attorney and Iowa AG tom miller comments] jpmorgan Chase [stock JPM][/stock] overcharged roughly 4,000 troops on their mortgage and improperly foreclosed on 14 of the families, a.

Homeowner Wins Twice Against Freddie Mac The Nation’s Mortgage Horror Stories – finance.yahoo.com –  · In one of the more highly publicized cases, earlier this year JPMorgan Chase realized it had overcharged and improperly foreclosed on the homes of a number of active members of the military.

No. 2 bank overcharged troops on mortgages NBC News exclusive: JPMorgan Chase also improperly foreclosed on homes By Lisa Myers and Sarah Heidarpour One of the nation’s biggest banks – JP Morgan Chase – admits it has overcharged several thousand military families for their mortgages, including families of troops fighting in Afghanistan.

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NEW YORK – JPMorgan Chase & Co. today announced new programs geared toward military customers and veterans, and apologized for overcharging thousands of active-duty service members on mortgages and.