Old 09-06-2009, 03:17 PM   #1 (permalink)
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Important Info. You need to read.

Source: U.S. Treasury

Percentage of eligible mortgages granted TRIAL modifications through July 2009
JPMorgan Chase.....................20%
GMAC...................................20%
Citigroup...............................15%
Bank of America.......................4%
Greentree...............................4%
Carrington..............................4%
Bayview.................................3%
Select Portfolio........................3%
Wachovia (part of Wells Fargo)...2%
Wilshire..................................1%
National City (part of PNC).........0%


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Old 09-06-2009, 04:00 PM   #2 (permalink)
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Re: Important Info. You need to read.

http://www.treas.gov/press/releases/...lic_report.pdf
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Old 09-06-2009, 04:03 PM   #3 (permalink)
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Re: Important Info. You need to read.

Thanks for this Taylor and Garry - but from what I'm reading on this forum Chase is putting people into trial mods either with no end in sight or that get swiped out from under them. In any event I don't believe Chase is the best when it comes to real trial mods that really help people in the long run.
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Old 09-06-2009, 04:26 PM   #4 (permalink)
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Re: Important Info. You need to read.

At least Chase is buying everyone more time. I think it's to soon to say nobody is getting completed mods.
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Old 09-06-2009, 04:40 PM   #5 (permalink)
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Re: Important Info. You need to read.

Good point about the time thing. I myself haven't been so lucky, but now that I'm in default maybe I'll get a never ending trial mod.
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Old 09-06-2009, 05:15 PM   #6 (permalink)
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Re: Important Info. You need to read.

Quote:
Originally Posted by caldwellb02 View Post
Good point about the time thing. I myself haven't been so lucky, but now that I'm in default maybe I'll get a never ending trial mod.
Try to stay strong and keep faith, they'll get it worked out. We have to keep in mind this is a new program.
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