JPMorgan Chase & Co. in the "next couple of weeks" will resume filing paperwork on 127,000 foreclosures it has suspended due to documentation errors, said Charlie Scharf, chief executive of the New York company's retail bank.
It would take "three or four months to get all of these documents" refiled because it has to reprocess affidavits and other legal documents in 40 states, Scharf said in a presentation at the BancAnalysts Association of Boston Conference.
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