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4 Apr 2012, 7:14 am
You probably heard about the Bank of America/Chase/Citigroup/Wells Fargo/GMAC (Ally) settlement from the attorneys general of 49 states. [read post]
3 Apr 2012, 12:04 pm
The 25 billion settlement is between the government and Ally Financial, Bank of America, Chase, Citibank and Wells Fargo after allegations surfaced in 2010 that bank employees were fabricating or failing to review documents used in foreclosure proceedings and refusing to work with borrowers to modify loans. [read post]
2 Apr 2012, 6:15 am
So, do you remember the article I posted the other day about accounting for a pool of loans and how values are based on assumptions about the performance of the pool into the future? [read post]
30 Mar 2012, 8:28 am
Alleged victims of the scheme include: BNC Mortgage; Citibank (NYSE: C); CitiMortgage; Countywide Bank (since purchased by Bank of America (NYSE:BAC) ); Countrywide Home Loans; First Franklin Financial Corp.; First Franklin Financial Corp.; First Horizon Home Loans; Homecomings Financial LLC; IndyMac Bank; JP Morgan Chase Bank (NYSE: JPM); Long Beach Mortgage Corp.; Washington Mutual Bank; and Wells Fargo Bank (NYSE: WFC). [read post]
26 Mar 2012, 12:11 pm
The SEC has been examining how many banks packaged and sold home loans to investors that resulted in the financial crisis. [read post]
22 Mar 2012, 3:46 pm
On March 13, 2012, JPMorgan Chase agreed to pay the government $45 million to settle a lawsuit that alleged that the financial giant hid illegal fees in veteran’s home mortgage refinancing transactions and sought to collect on void government loan guarantees. [read post]
21 Mar 2012, 7:37 am
Are the Financial Records Properly Maintained? [read post]
21 Mar 2012, 6:15 am
Attorney for the District of South Carolina, Bank of America, JPMorgan Chase, Wells Fargo and CitiGroup. [read post]
19 Mar 2012, 7:29 am
CSA funds are restricted to financing higher education, starting a small business, buying a home, or funding retirement. [read post]
16 Mar 2012, 10:38 am
" With the help of a computer and printer, Davidson would produce checks bearing the names of well-known financial companies like JP Morgan Chase and The Carlyle Group. [read post]
15 Mar 2012, 12:42 pm
News reports indicate that Bank of America, JPMorgan, Chase, Wells Fargo and Ally Financial will all pay $5.9 million each to the state. [read post]
14 Mar 2012, 9:10 am
As a representative of New York City, the financial industry is a very important part of our economy. [read post]
6 Mar 2012, 9:00 am
Those who lost their homes will be entitled to immediate cash payments, even without needing to demonstrate that they suffered financial harm. [read post]
5 Mar 2012, 6:45 am
” But these are comparatively minor matters if one looks to the real causes of the housing crash that led to the 2008 financial crisis. [read post]
28 Feb 2012, 10:57 am
According to The New York Times, Bank of America, Wells Fargo, Ally Financial, JPMorgan Chase and Citibank agreed to pay $5 billion in cash. [read post]
26 Feb 2012, 5:12 am
Goldman Sachs JPMorgan Chase & Co. [read post]
26 Feb 2012, 4:48 am
” He’s running on the traditional GOP platform of cutting taxes, spending, regulation (repeal Dodd Frank financial reforms and Obamacare) and government programs. [read post]
26 Feb 2012, 4:27 am
” He’s running on the traditional GOP platform of cutting taxes, spending, regulation (repeal Dodd Frank financial reforms and Obamacare) and government programs. [read post]
25 Feb 2012, 8:22 am
It’s official: The federal government, 49 of the 50 States (all but Oklahoma, the lone hold-out) and the country’s five leading bank mortgage servicers (none other than household names Bank of America, JP Morgan Chase, Citigroup, Wells Fargo, and Ally Financial) announced a February 9, 2012 settlement with said banks regarding foreclosure misconduct and “robosigning” practices. [read post]
24 Feb 2012, 8:32 am
Contact the Department of Financial Services in Florida or the Attorney General consumer affairs office. [read post]
