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JPMorgan Chase Bank

JPMorgan Chase Bank agreed to pay $11.5 million to resolve claims it mismanaged escrow interest for mortgage customers in six states.

ClosedSelected statesClaim status: Claim window closedPayout: VariesNo longer claimable

About this settlement

The case addresses JPMorgan Chase's alleged failure to pay escrow interest as required by state laws for mortgage customers in six states.

This settlement resolves claims that JPMorgan Chase Bank failed to pay required interest on escrow accounts for mortgage customers in Connecticut, Maryland, Minnesota, New York, Rhode Island, and Wisconsin during certain periods between 2010 and 2021.

Who qualifies

  • Individuals with a JPMorgan Chase mortgage loan serviced in CT, MD, MN, NY, RI, or WI.
  • Customers who should have received escrow interest during the specified state-specific periods.
  • Those who did not exclude themselves from the settlement.

Varies

Claim status: Claim window closed

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