Apr 12, 2007By Paul Jackson
A new consumer watchdog group funded by North America’s largest union organizer said Thursday that it believes JPMorgan Chase is responsible for more than twice its share of home mortgage foreclosures in Franklin County, Ohio. According to research the Service Employees International Union (SEIU), which represents 1.8 million union members in the healthcare, property and public service sectors, JPMorgan Chase accounts for 1 in 12 home mortgage foreclosures in Franklin County, Ohio — more than twice the bank’s share of home loans in the market.
