This is a broad investigation into EMC Mortgage Corp. and its practices in servicing mortgages.
Numerous EMC customers have reported that they did not get credit for payments made, got billed for insurance they didn't need, and were unjustifiably threatened with foreclosure. Some EMC customers are complaining about extra charges on their bills even though they paid on time. The extra charges can lead to threats of foreclosure and negative entries on credit reports.
Name (Stock Symbol)
EMC Mortgage Corporation
EMC Mortgage Corporation, a wholly owned subsidiary of JPMorgan Chase & Co., is a mortgage banking company that specializes in the servicing of residential mortgage loans.
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