There is an ongoing Justice Department investigation into these wrongful military foreclosures, and JPMorgan is implicated in that probe, along with Saxon Mortgage, a division of Morgan Stanley. There are criminal penalties attached to violations of the Servicemembers Civil Relief Act, and legislation from Sheldon Whitehouse (D-RI) would double those fines.
All of this underlines the extreme measures JPMorgan is taking to rectify the situation with wrongful foreclosures of active duty military. And it also underlines the fact that next to nothing is being done with all the wrongful foreclosures on everyone BUT active duty military.


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