chase foreclosure timelines: Wells and Chase Decrease timelines, REO Stationary - 01/25/12 02:33 AM
Wells Fargo, Chase see improvement, REO is Stationary

Wells Fargo and JPMorgan Chase have reportedly decreased their foreclosure timelines by about 100 days for some of the most awful mortgages carried in the third quarter, says a report from Moody’s Investors Service. In 2010, in county courthouses, mortgage servicers were being investigated and began correcting mishandled documents. Although corrections are still being made to this day, servicers seem to be making some progress considering a settlement with federal agencies and state attorneys is near.
"Although pending foreclosure volumes remain high for all product types, foreclosure sale timelines improved from the … (0 comments)

 
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