More Financially Strapped Homeowners Claim Lender Duped Them Into Defaulting On House Payments

In Sacramento, California, Courthouse News Service reports:

• JPMorgan Chase instructed homeowners to stop making mortgage payments, as that was the only way to be considered for a loan modification, then repossessed their house when they followed the bank's advice, a couple claims in Federal Court. "I've seen this happen to so many people," their attorney said. "When they come in here to tell me their story, I can actually tell it to them." Faiz and Khadua Jahani sued Morgan Chase and its predecessor, Washington Mutual Bank, on their own behalf and on behalf of the public.

For more, see Thanks a Lot, JP Morgan Chase.

For the lawsuits, in which the homeowners seek class action status, see Jahani v. Washington Mutual Bank, et al.