Information from the American Banking News Website:
JPMorgan Chase has decided to send loan advisors to set up shop in Detroit for three days, trying to help struggling homeowners find the best solution. The efforts are aimed at homeowners with Chase mortgages, and the customers that attend will have access to (1) Initial counseling to apply for a mortgage modification, (2) Counseling for those who are current on their mortgage but are struggling, (3) Short-sale assistance for those who cannot afford their home or don’t want to stay in it, and (4) Document signing and drop off for modifications.
In total, the effort will include forty Chase loan counselors, between Saturday, November 13th and Monday, November 15th during the hours of 8 a.m. to 8 p.m. It will be held at the Doubletree Detroit/Dearborn, which is located at 5801 Southfield Expressway at Ford Road, Detroit. The firm’s statement has indicated that no appointments are necessary, and expects to sit down with most borrowers within 15 minutes of their arrival.
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