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JPMorgan Chase Resumes Foreclosures

HeadlineNov 05, 2010

The banking giant JPMorgan Chase says it plans to resume foreclosures in the next few weeks. The firm suspended foreclosures in 40 states over a month ago following the disclosure that many had been fraudulently approved. A Chase employee testified earlier this year that she and her staffers had approved around 18,000 foreclosure affidavits and other documents without proper vetting on a monthly basis.

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