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11 Oct 2010, 6:47 am by On the Net
In recent weeks, big lenders like GMAC Mortgage, JPMorgan Chase and Bank of America have halted many or all of their foreclosure proceedings in the wake of allegations of sloppiness, shortcuts or worse. [read post]
9 Feb 2012, 8:00 pm by A. Brian Albritton
  Specifically, Bank of America and various Counrywide entities agreed to pay $1 billion to resolve a separate investigation relating to the whether these entities "knowingly made loans insured by the Federal Housing Administration (FHA) to unqualified home buyers" which, in turn, caused the FHA to incur "hundreds of millions of dollars in damages as a result of this conduct. [read post]
21 Mar 2013, 3:05 pm by Kelly Phillips Erb
But a word of caution: refinanced loans and home equity loans tend to be recourse loans. [read post]
4 Nov 2008, 1:55 am
Morgan Chase is the first bank to make an ambitious effort to modify their clients' problem mortgages. [read post]
20 May 2015, 8:29 am by Allison Tussey
The complaint alleges that, from approximately November 2012 through May 2013, Patrick applied for a mortgage modification under the Making Home Affordable program, a federal initiative designed to assist homeowners who have experienced a decline in income access secure loans at lower rates. [read post]
10 May 2011, 1:51 am by Tomassi Law Associates
You can often get a car loan within six months, and buy a home within two years in some cases, Woodland said. [read post]
24 May 2023, 10:34 am by Peter S. Lubin and Patrick Austermuehle
A separate case involved JP Morgan Chase allegedly committing fraud against the U.S. government by submitting sub par home loans for federal insurance. [read post]
3 Oct 2010, 12:49 am
Let's construct a bit of a timeline: Countrywide Home Loans filed a foreclosure case on this property in 2008. [read post]
14 Feb 2012, 1:03 pm
Per other terms of the settlement, the bank is to provide $17 billion in loan modification and principal reduction to delinquent borrowers whose homes are at risk of foreclosure. $3 billion is included for borrowers that are up-to-date on mortgage payments but cannot refinance because they owe more than what their home is worth. [read post]
25 Oct 2019, 7:40 am by Adam Levitin
McShannock involves the question of whether federal preemption of a state interest-on-escrow law under the Home Owners Loan Act of 1933 is assignable along with a mortgage. [read post]
4 Feb 2014, 11:00 pm by Lanigan
 JP Morgan Chase Paid $1.45 Million Harassment Settlement JP Morgan Chase wasn’t available to comment about its paying a $1.45 million settlement to 16 female employees sexually harassed by co-workers. [read post]
27 Mar 2013, 10:43 am by Katie Porter
Similarly, JPMorgan Chase rolled out a Settlement "refinance" program that was actually a simple, no-doc, interest rate reduction for the life of the loan. [read post]
12 Jan 2012, 9:54 am
Among those being investigated were JPMorgan Chase, Bank of America, Citigroup and Wells Fargo. [read post]
9 Feb 2015, 8:07 am by Allison Tussey
  The banks did not know that they were actually funding 100% of the loans on the multi-million dollar homes. [read post]
15 Nov 2011, 7:38 pm by Mandelman
Wells Fargo & Co., Citigroup Inc. and JPMorgan Chase & Co. also were in the bottom five. [read post]
14 Mar 2012, 6:30 am
"HARP 2.0" is expected to come to the aid of over 1 million borrowers to help them refinance their mortgage at today's lowered interest rates even if falling home values have left them owing more on their loans than their homes are worth. [read post]
28 Feb 2013, 10:01 pm
Chasing the American dream has led people to run up huge consumer credit card debt and take mortgages they can't afford. [read post]
31 Dec 2009, 5:41 am by Gallagher & Associates Law Firm
Shortly after Chase announced a 90 day moratorium on foreclosures Citigroup announced that it was going to halt foreclosures and evictions in connection with mortgages it holds. [read post]