![]() ![]() Class members will receive a minimum payment of $5 plus a proportionate amount of the remaining net settlement fund. Typical Settlement Amount:Īmounts paid will be based on the amount of unpaid interest for the mortgage escrow balance during the class period. For information on excluded mortgages in your state, see the Notice at. Note that certain types of mortgages are excluded. The class periods are:Ĭonnecticut, Minnesota, New York, or Wisconsin: Januthrough April 9, 2021 You may be eligible if you are identified in Chase’s records as holding a mortgage it serviced secured by real property in Connecticut, Maryland, Minnesota, New York, Rhode Island, and Wisconsin, and during your state’s class period, you would have been due interest on an escrow account maintained by Chase according to the laws of your state, during your state’s class period. You do not need to submit a claim or provide proof to receive a payment. Docket Number:įinal Approval Hearing: MaProof of Purchase: The states include Connecticut, Maryland, Minnesota, New York, Rhode Island, and Wisconsin. JPMorgan Chase is settling a class action alleging it did not pay interest on escrow accounts where it was holding homeowners’ advance payments related to mortgages it was servicing, such as payments for property taxes and homeowner’s insurance. Please contact the claims administrator if you have any questions. According to court documents, the claim submission deadline has passed.
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