Chase, Wells Fargo borrowers getting cash to complete short sales

Two of the nation’s largest lenders are quietly offering some delinquent homeowners a deal.

JPMorgan Chase & Co. and Wells Fargo & Co. say they give select borrowers behind on their mortgage payments $10,000 to $20,000 for agreeing to short sales, which means the homes are sold for less than what’s owed on the mortgages.

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fluidideas@gmail.com

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