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4 Mar 2013, 8:32 am
Rakoff of the federal district court for the Southern District of New York issued a memorandum explaining the reasoning for his September 2012 order denying JP Morgan’s motion to dismiss a lawsuit against it in connection with the sale of $1.6 billion in RMBS. [read post]
27 Feb 2013, 11:14 am
Besides JP Morgan Chase, the Chicago-based media company is owned by senior creditors Angelo, Gordon & Co. and Oaktree Capital Management. [read post]
26 Feb 2013, 4:48 pm
Michael Wilkerson, 47, Pottstown, Pennsylvania, and Denise Haines, 43, Birdsboro, Pennsylvania, were convicted of engaging in a scheme to defraud JP Morgan Chase's predecessor, Chase Manhattan Bank, by fraudulently obtaining home loans valued at more than $6 million [read post]
19 Feb 2013, 12:07 pm
., Ally Financial (formerly GMAC); Bank of America; Citibank, JP Morgan Chase, Wells Fargo) aren’t helping people with underwater mortgages in loan modifications, nor are they jumping to modify mortgages for those in distressed circumstances that are asking for mortgage loan modifications. [read post]
11 Feb 2013, 12:45 am
There were also revelations this past week in the civil litigation that Belgian bank Dexia filed in 2012 against JP Morgan and its affiliates. [read post]
8 Feb 2013, 2:52 pm
An Aurora woman, allegedly frustrated with her non-responsive mortgage company, spray painted the following message on her garage door: “"Jamie Dimon & JPMorgan Chase JP Morgan Chase is stealing this home. [read post]
24 Jan 2013, 12:00 pm
Two recently released JP Morgan Chase (JPM) reports on the causes of the "London Whale" trading losses raise important questions about whether financial service firms can exorcise the spectral issues which were so central to the financial crisis. [read post]
2 Jan 2013, 6:58 am
The media conglomerate, whose principal owners are JP Morgan Chase & Co. and hedge funds Oaktree Capital and Angelo, Gordon & Co., closed on a $1.1 billion senior secured term loan and an asset-based $300 million revolving credit line as part of its emergence from insolvency, Reuters reported.U.S. [read post]
19 Nov 2012, 9:28 am
Morgan Chase and Credit Suisse for over $400 million. [read post]
30 Oct 2012, 11:40 am
But he noted that the only entity with sufficient financial and managerial resource to absorb a large asset or liability portfolio, without ``suffering chronic indigestion,’’ is another large financial institution, citing examples during the crisis of Bear Stearns being swallowed by JP Morgan Chase, Merrill Lynch by Bank of America and Washington Mutual by Citigroup. [read post]
26 Oct 2012, 1:53 pm
JP Morgan Chase Bank and the co-owner of a unit in a Coventry condominium complex entered into a mortgage agreement that was recorded in 2005. [read post]
15 Oct 2012, 11:48 am
Here's what's happening, according to a recent investigation by The New York Times: Back in February, five of the country's top five banks - JP Morgan Chase, Bank of America, Ally Financial, Wells Fargo and Citibank - all agreed to settle allegations of wrongdoing over their past mortgage practices. [read post]
15 Oct 2012, 8:59 am
JP Morgan Chase Bank NA, a recent case involving the issue of telecommuting as a reasonable accommodation, an employee with who had panic attacks and other mental disorders was not allowed by the employer to work from home on a temporary basis. [read post]
10 Oct 2012, 12:50 pm
New York’s contract with JP Morgan Chase alone was worth $126,394,917. [read post]
9 Oct 2012, 3:53 pm
JP Morgan Chase Bank went on to use a manual position limit monitoring procedure after finding out about the problem. [read post]
5 Oct 2012, 1:51 pm
JP Morgan Chase is currently under serious investigation by the federal government after an employee said over 23,000 delinquent accounts had incorrect balances. [read post]
4 Oct 2012, 9:05 am
In JP Morgan Chase v. [read post]
3 Oct 2012, 12:37 pm
Successor JP Morgan Chase is Sued Over Billions in Fraudulent Mortgage-Backed Securities Sold by Bear Stearns [read post]
3 Oct 2012, 11:14 am
On August 9, JP Morgan Chase & Co. agreed to cover almost 20 percent of a $6.05 billion deal to settle a price-fixing case brought over credit-card swipe fees. [read post]
3 Oct 2012, 11:14 am
On August 9, JP Morgan Chase & Co. agreed to cover almost 20 percent of a $6.05 billion deal to settle a price-fixing case brought over credit-card swipe fees. [read post]
