NEW YORK (WCBS 880) – A few dozen protesters gathered outside the Chase Bank in Crown Heights, Brooklyn, to tell people that the bank has not done enough to prevent foreclosures.
LISTEN: WCBS 880’s Sophia Hall reports
“Only 6 percent of the people who went for help got help from the bank,” Adams said.
That’s not enough, she said.
A protestor, Russell McAllum said his dad has been trying to modify the loan on his Brooklyn home for two and a half years.
“My father worked all his life to acquire a home and raise his family and now his mortgage is triple what it was,” McAllum said.
The Chase spokesperson said the bank has a very high success rate of loan modifications. Two weeks ago, the bank met with over 2,000 people in Brooklyn to try and help them keep their homes.