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Posted by James Breen at 8 November 2008 13:3

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JPMorgan Chase Freezes Foreclosures For the next 90 years, JPMorgan will not place any new homes into foreclosure. The banking behemoth, which acquired uneasy lender Washington Mutual on Sept. 25, says it hopes to change language for 400, 000 homeowners, accounting for $70 billion in loans. Among the steps it is taking: eliminating deadly "pay choice" loans, donation new lend language to homeowners before they duck … According to the most current figures compiled by the Hope Now Alliance of ..>>.

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