A reported by Robin Sidel in a November 1st article in The Wall Street Journal online "J.P. Morgan Chase & Co. launched an ambitious plan Friday to modify the terms of $70 billion in mortgages for borrowers who are behind on their payments or soon could be."  J.P. Morgage Chase appears to be leading the way in halting the rising tide of foreclosures and homeowner defaults on mortgage payments.  I congradulated J.P. Morgage Chase for stepping up to the plate to address the problem headon.

 

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Stephen Howell

Annapolis, MD

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Coldwell Banker Residential Brokerage

Address: 170 Jennifer Road, Suite 102, Annapolis, MD, 21401

Office Phone: (410) 923-3217

Cell Phone: (443) 994-8043

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