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Loan Modification

: Mortgage Lender Implode-o-Meter

JPMorgan delays foreclosure process for review

By Implode-Explode Heavy Industries

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`` The New York bank's decision to temporarily suspend current foreclosure proceedings follows a similar move by Ally Financial last week, after that company found some of its employees had not personally checked information in foreclosure documents filed to court... JPMorgan's move comes after a Florida law firm earlier this week said it planned to question the bank about its foreclosure practices at a hearing next month.''

Full post as published by Mortgage Lender Implode-o-Meter on September 29, 2010 (boomark / email).

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