While millions of struggling homeowners have had to jump through all sorts of hoops trying to refinance their mortgages, some have barely had to lift a finger.?
As part of 25 billion mortgage settlement that was struck between the nation?s five biggest banks and the state attorneys general and federal government, JP Morgan Chase had pledged $4.2 billion in mortgage relief for tens of thousands of borrowers by either reducing the interest rate or the principal owed (or both) on their loans.?
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Source: http://katiestoutrealestate.com/2012/09/25/surprise-chase-is-refinancing-your-mortgage/
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