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JPMorgan says it’s halfway done with $4B consumer relief settlement

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Mortgage Professional America | 17 Dec 2014, 10:26 AM Agree 0
The bank told an independent settlement monitor it has completed more than half of the consumer relief portion of a $13 billion settlement.
  • Cheryl M | | 17 Dec 2014, 12:01 PM Agree 0
    see comment in BofA article. Oh and CHase, the Honorable Richard G. Stearns US District Court of Mass, Boston, MA might disagree with your "figures." Chase hasn't given consumers any relief, just a paper trail to show the courts that they are complying. Actual relief and making yourself look good in the eyes of the court have two very different outcomes. Again see comment in BofA article Chase will be in the same boat as BofA soon if the CFPB chooses to lie about it or reveal they have the same findings of Chase not complying with AG Settlement agreements. Additionally our NY AG office might want to step up to the plate and make statements to the fact they are finding the same non compliance issues with JP Morgan Chase too....
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