has jpmorgan chase bank denied your loan modification also?

many,many people have been denied the loan remodification for no good reason.I thought the goverment money was to help us homeowners get back on track.not so!if you've been denied let me know how you feel?

1 Answer

  • Anonymous
    1 decade ago
    Favorite Answer

    Big picture: there is no government for the little guy.

    Never was. Not likely to be any.

    The money given to the big banks was given with no obligation to loan to anyone under any circumstances. The big commercial banks (like chase) have used most of the money to recapitalize and deleverage (basically, pay off their debts). The big investment banks (JP Morgan, Goldman Sachs) have used most of the money to play the financial marketplace for profits.

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