Spreading Christmas Cheer!

Dec 21, 2009 12:00 PM ET

Christmas Presents!

Throwing out a Lifeline

  JPMorgan Chase is heeding the Big O's call to help distressed homeowners. Chase is opening up 24 more service centers nationwide to help with the mortgage modification process. The effort will make the process easier and more available to Chase home loan borrowers... Read more    Bah Humbug   Fannie Mae is suspending all foreclosure evictions from December 19, 2009 through January 3, 2010. All owner-occupants and tenants living in foreclosed properties the company holds will not be subject to evictions during the holiday time frame... Read more    A Lump of Coal   Citibank who received a big fat "humungous" Christmas gift from the American taxpayer has decided to give back-at least for a brief moment. Santa Ben and Tim Treasury just gave Citibank a big present this week! The insolvent and mismanaged bank has been forgiven for $38bn in taxes due and $25bn in loan repayment. In return the bank is spreading some good cheer and letting 2,000 about-to-be-foreclosed on families get a 30 day reprieve Read more   Click for GoodB Blog - provocative and informative.   Click for the latest updates on GoodB