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Bank Tries to Make Amends With Military

February 22, 2011

NEW YORK -- JPMorgan Chase & Co. on Tuesday announced new programs geared toward military customers and veterans, and apologized for overcharging thousands of active-duty servicemembers on mortgages and improperly foreclosing on more than a dozen.

The steps include a program making certain military personnel are eligible for reduced-rate mortgages; enhancing a mortgage modification program for personnel who are having trouble making payments; and a pledge not to foreclose on any active personnel while they're deployed. Read more about what JPMorgan is offering servicemembers on Military.com.

Posted in: Military Living, Syndication

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The columns and feature articles on this page are original to CinCHouse.com and available for syndication. Base newspapers pay no fees. Commercial news media must pay the following fees:

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