Sunday, November 2, 2008

JP Morgan steps up

JPMorgan (the company that employs my wife) is stepping up to help home owners that are in distress. Jaime Dimon and co are planning to systematically offer homeowners a way to save their homes. Finally a large organization understands that it will cost them less to modify than it would to foreclose. Read the story from the WSJ below for more info. Glad to see that some of our $700 billion is actually going back to the little guy.

http://online.wsj.com/article/SB122549543952589677.html?mod=rss_whats_news_us

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