
JPMorgan Chase to Delay Foreclosures?
JP Morgan Chase has said that they are Delaying some Foreclosure procedures to review documents. Although this is all the news we have about the foreclosure delays at this time, this is not expected to help with the current real estate downturn whatsoever.
JPMorgan Chase stock was down 1.41% today. It closed at $38.40.
The company currently operates in 60 different countries. They are one of the large providers of real estate mortgages in the United States, as they are one of the “Big Four” banks.
We will have more on this story as we hear it.