JPMorgan overcharged military families, improperly foreclosed

Both Captain Rowles and his spouse Julia accused Chase of violating the law and harassing the couple for nonpayment. An official stated that the situation was "grim" and Chase initially stated it would be refunding up to $2,000,000 to those who were overcharge, and that families improperly foreclosed on have gotten or will get their homes back.

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JPMorgan Chase acknowledged this week that it overcharged some 4,000 military families for their mortgages and wrongfully foreclosed on at least 14. It’s not clear how much the mistakes have cost these families, but the bank told nbc News that it’s collectively refunding about $2 million to.

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 · So has the admission that the bank wrongly overcharged thousands of military families, with members serving overseas, on their mortgages and improperly foreclosed on more than a dozen.

Bank Settles Military Foreclosure Claims April 22, 2011 Stars and Stripes|by Bill Murphy Jr. Banking giant JPMorgan Chase and Co., which admitted earlier this year that it had improperly overcharged thousands of military families on their mortgages and foreclosed on the homes of servicemembers in Iraq and Afghanistan, will pay $26 million to settle the class action lawsuit that brought the.

JP Morgan Chase & Co. has overcharged thousands of military families for their mortgages, including families of troops fighting in Afghanistan, NBC News has learned. JPMorgan. of military families whose homes were improperly seized and revamp its housing program for service members and veterans.

WASHINGTON – In response to embarrassing recent revelations that JPMorgan Chase & Co. its efforts to make whole 4,500 military members it overcharged an average of $70 each and 18 that it.

A Chase spokeswoman told NBC News that "we feel particularly badly about the mistakes we made" with mortgages for troops — about 4,000 of them, including foreclosures on 14 military families.

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The Next Mission | JPMorgan Chase & Co. 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 tells NBC News that it improperly foreclosed on more than a dozen military families.

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A spokesperson for JP Morgan Chase told NBC News that "we feel particularly badly about the mistakes we made" referring to 4000 mortgages for troops and foreclosures on 14 military families. The.

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