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?
- Anonymous1 decade agoFavorite 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.