Giant JPMorgan Chase (JPM) announced on Oct. 31 that it is sharply ramping up its efforts to restructure the loans in its massive mortgage portfolio. For the next 90 days, JPMorgan will not place any new homes into foreclosure.
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What's the point in paying for the next three months then?
posted by: dizaster Nov 2, 2008
Well if you do, be careful, they may lower your interest rate for you.
posted by: BizFish Nov 2, 2008
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