Thursday, May 26, 2016

Chase almost done with RMBS settlement's consumer relief requirement

Joseph Smith, monitor of the Chase RMBS Settlement, officially credited Chase with providing $3,887,777,119 of consumer relief to 165,191 borrowers. This brings the bank extremely close to its required $4 billion in credited consumer relief by Dec. 31, 2017. Here’s a quick snapshot of the bank’s progress so far.

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