NEW YORK (Dow Jones)–J.P. Morgan Chase & Co. (JPM) wrongly foreclosed on 14 active-service military families and overcharged thousands more on their mortgages, an ongoing internal bank review has found.
While the bank said it is repaying the families and admitting to mistakes, it may also face legal fallout, according to comments made about the matter in court and by Washington officials.
via 2nd UPDATE: JP Morgan Wrongly Foreclosed On Military Families – WSJ.com.
