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Real Estate & Property Law
: The Home Equity Theft ReporterJP Morgan Chase Freezes Foreclosures In 23 States; Expected To Affect 56K Homeowners
By r morris
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The Washington Post reports:J.P. Morgan Chase, one of the nation's leading banks, announced Wednesday that it will freeze foreclosures in about half the country because of flawed paperwork, a move that Wall Street analysts said will pressure the rest of the industry to follow suit.***The paperwork problems at J.P. Morgan mirror those uncovered last week at another large mortgage lender, AllyFull post as published by The Home Equity Theft Reporter on September 30, 2010 (boomark / email).
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