Banks Paying Homeowners a Bonus to Avoid Foreclosures: Mortgages
Banks PAYING Homeowners Avoid Foreclosures
Now *THIS* is a very interesting reversal of trend!!!
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Karen Farley hadn’t made a mortgage payment in a year when she got what looked like a form letter from her lender.
“You could sell your home, owe nothing more on your mortgage and get $30,000,” JPMorgan Chase & Co. said in the Aug. 17 letter obtained by Bloomberg News.
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“I wondered, why would they offer me something, and why wouldn’t they just give me the boot?” Farley, 65, said in a telephone interview. “Instead, I’m getting money.”
Tom Kelly, a JPMorgan spokesman, declined to comment on the company’s incentives.
I smell a falling-out at a much higher level… there’s a much deeper reason for the banksters to not only pull off the brakes, but actually *PAY* to accelerate the process….
There is *OPPORTUNITY* here!!!
David Donhoff, Advisor
David@LeveragePlanners.com
425-223-4520 Desk
425-652-1001 Cell
206-338-5856 Secure Fax
Leverage Planners
www.LeveragePlanners.com
No Bull Financial, LLC
www.NoBullFinancial.com
413 14th Ave West
Kirkland, WA 98033
