The Wall Street Journal
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Chase Rolls Out Modification Program, Halts Some Foreclosures
Nov 03, 2008JP Morgan Chase & Co. [stock JPM][/stock] became the latest large lender to launch an aggressive loan modification plan on Friday, saying it would look to implement a “mass mod” program while voluntarily enacting a foreclosure moratorium on loans it owns in an effort to qualify existing troubled borrowers for the new, expanded program. “It doesn’t make sense for us to wait” to tackle the problem, said Charles Scharf, an executive at the firm, according to the Wall Street Journal.
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GMAC Looks to Become Commercial Bank, Gain TARP Access
Oct 29, 2008 -
Goldman Looks to Cut 10 Percent of Workforce: Report
Oct 23, 2008 -
AIG: More Money, Please
Oct 09, 2008 -
Upheaval Continues at Fannie Mae, Freddie Mac
Sep 29, 2008 -
WaMu to be purchased
Sep 25, 2008 -
WaMu Shares Jump on Purchase Rumor; Buzz Short-Lived
Sep 25, 2008 -
Clinton: Resurrect the HOLC, and Buy Up Bad Mortgages
Sep 25, 2008 -
Bush Presses for Bailout, Warns of “Long and Painful Recession”
Sep 24, 2008 -
All Business at BofA: Countrywide Insider Gissinger Out
Sep 24, 2008
