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17 Mar 2008, 8:19 pm
" Additional Information About Bear Stearns: Profile and Background of Bear Stearns Companys For more blog stories about Bear Stearns Companies Click Here Additional Information About JP Morgan Chase: Profile and Background of JP Morgan Chase For more blog stories about JP Morgan Chase Click Here [read post]
1 Aug 2009, 9:10 am
But many who apply for modification get sent on a wild goose chase by their mortgage company - paperwork gets lost, incorrect phone numbers are given, the same mistakes are made again and again - basically, the mortgage company does anything to avoid modification so they can get a bigger payoff. [read post]
18 Jan 2012, 9:00 am by South Florida Lawyers
Rodgers:Judge Schwartz claims the digestive tract of the clerk's office is responsible for a lost mortgage note:The plaintiff, designated as the Bank of New York Trust Company, N.A., as successor to JPMorgan Chase Bank, N.A., as trustee, the alleged holder of a note and mortgage, seeks review of a final judgment in favor of the defendants mortgagors borrowers in an action to re-establish the note (which was lost, having disappeared in the bowels of the… [read post]
5 May 2012, 11:15 am by Mandelman
Round the numbers just to keep things moving and Chase paid 2% of the face value of $90 billion in mortgages. [read post]
29 Sep 2008, 1:53 pm
Likewise, Citigroup, Goldman Sachs, and JPMorgan Chase were sued by Freddie Mac investors over a $6 billion preferred stock offering in November 2007. [read post]
24 Feb 2021, 11:04 am by Maxine Rodrigues
JP Morgan Chase’s announcement that it would facilitate $200 billion by 2025 for sustainability finance. [read post]
3 Apr 2023, 8:57 am by Kang Haggerty LLC
Alayne Fleischmann was an associate attorney for JPMorgan Chase and oversaw mortgage quality assurance. [read post]
15 Dec 2022, 6:50 am by Silver Law Group
” Freddie Mac Government-sponsored mortgage finance company Freddie Mac made headlines in June 2003 when it disclosed that it had misstated earnings by more than $5 billion from 2000 to 2002. [read post]
11 Jan 2011, 8:39 pm by R Grace Rodriguez
Tony Salem of San Jose, an unemployed high-tech manager who is at risk of foreclosure, called Tuesday to apply for help and was given the disappointing news that his loan servicer hadn't signed up to participate. ''They said to contact your mortgage company and see if they are going to become involved," Salem said.Participating lenders, loan servicers and agencies include Wells Fargo, Chase, Bank of America, GMAC, CalHFA, and the Department of… [read post]
22 May 2012, 9:00 am by Matthew Parham
 Business Week takes up the story as well.So-called "robo-signing" - in which bank employees sign off on thousands of litigation documents that they have not read and the contents of which they have no knowledge - has caused a public scandal for many of the same companies in the mortgage foreclosure context, leading some banks to institute foreclosure moratoria while they supposedly put some internal controls in place to ensure that their litigation documents are… [read post]
3 Dec 2009, 9:07 pm
On July and early September 2008 Freddie Mae and Fannie Mae, two government-sponsored companies in the mortgage industry, were aided by the U.S. [read post]
6 Mar 2013, 11:35 am by Peg Koesel
JP Morgan Chase, No. 2:09-cv-00864, the Equal Employment Opportunity Commission claimed that a bank treated a class of female mortgage consultants differently than their male counterparts by, among other things, directing more lucrative calls in the call queue to male employees based on the skills it assigned to each individual mortgage consultant. [read post]
7 Jan 2011, 11:49 am by Brian Wolfman
As the New York Times explains: In a ruling that may affect foreclosures nationwide, the Massachusetts high court has voided the seizure of two homes by Wells Fargo & Company and US Bancorp after the banks failed to show that they held the mortgages at the time of the foreclosures. [read post]
26 Jul 2014, 6:16 am by Mark S. Humphreys
The government is considering suing banks and other mortgage servicers over alleged insurance kickbacks that may have cost government-controlled mortgage companies Fannie Mae and Freddie Mac hundreds of millions, according to an internal federal report. [read post]
4 Oct 2011, 3:18 pm
Other companies named as defendants include CitiMortgage, Washington Mutual Bank, PNC Bank (which acquired National City Mortgage), Countrywide Home Loans, Mortgage Investors, First Tennessee Bank (which acquired First Horizon Home Loan), Irwin Mortgage and New Freedom Mortgage. [read post]
17 Dec 2010, 7:05 am
The company's clients include 14 of the nation's 15 biggest loan servicers, including Wells Forgo and JP Morgan Chase. [read post]
22 Apr 2010, 6:16 am
It cited General Electric, Bank of America and JPMorgan Chase, among other examples. [read post]