JP Morgan Chase announces it is expanding its mortgage modificat

Co announces it is expanding its mortgage modification
program by undertaking multiple initiatives, including
extending its modification programs to WaMu and EMC customers.

While implementing these enhancements, Chase will not put
any additional loans into the foreclosure process. The
program is expected to help 400,000 families - with $70
bln in loans - in the next two years. Co says $110 bln
in mortgages to be modified.

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