Chase (NYSE:JPM):
WHAT: | Chase officially opens its new face-to-face homeownership centers in South Florida to help families struggling with their mortgage payments. Chase will have loan counselors in five centers in Florida to help borrowers who have a home loan serviced by Chase, Washington Mutual or EMC – all now part of JPMorgan Chase. Chase now has a total of 24 centers around the country. | |
WHO: | Chase home loan executives and community group leaders who focus on helping families stay in their homes. | |
WHEN: | 9 to 11 a.m. Tuesday, March 24, 2009 | |
WHERE: | Chase Homeownership Center, 20803 Biscayne Blvd, Aventura, 33180 | |
| Chase has a second Homeownership Center in South Florida at 10301 S.Dixie Hwy, Miami, 33156. | ||
| Other Centers will open later this week in Fort Myers, Tampa and Orlando. | ||
WHY: | Since 2007, Chase has helped prevent 330,000 foreclosures of Chase, WaMu and EMC loans, primarily by reducing interest rates, extending the term of the loans and providing principal deferral. Through its own initiatives and by participating in Obama administration programs, Chase expects to help a total of more than 650,000 families by modifying more than $110 billion of home loans. The 24 Homeownership Centers are cornerstones of the initiatives. |
Contacts:
Media contact:
Nancy Norris, cell 502-777-6379
Nancy.L.Norris@Chase.com
