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12 Apr 2016, 5:17 pm
“This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail,” said Acting Associate Attorney General Stuart F. [read post]
17 Aug 2012, 2:09 pm
The National Mortgage Settlement Agreement was entered into by only 5 mortgage loan servicers: Bank of America, Wells Fargo, JP Morgan Chase, Citibank, and Ally (aka GMAC). [read post]
19 Jun 2011, 2:47 pm
A couple of years ago, with homeowners all saying how difficult it was to reach their servicers, I asked some Bank of America management types why the bank was having such a hard time answering the phone. [read post]
28 May 2013, 12:31 pm
Morgan Chase Bank (J.P. [read post]
25 Jun 2011, 6:23 am
According to a release by the Treasury Department, Wells Fargo, Bank of America and JP Morgan Chase & Co. failed in helping people permanently modify their mortgages. [read post]
16 Feb 2009, 12:54 pm
According to Zibel, Fannie Mae and Freddie Mac, JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. have all extended non-eviction policies originally put in place shortly before Christmas until sometime in early or mid-March. [read post]
27 Oct 2010, 8:59 pm
We've been saying for weeks that the robo-signers are merely a symptom of much deeper troubles wracking the foreclosure mill law firms and their clients, the big banks such as Bank of America, GMAC, Citigroup, Wells Fargo, Chase, and others. [read post]
27 Oct 2010, 8:59 pm
We've been saying for weeks that the robo-signers are merely a symptom of much deeper troubles wracking the foreclosure mill law firms and their clients, the big banks such as Bank of America, GMAC, Citigroup, Wells Fargo, Chase, and others. [read post]
29 Nov 2011, 6:31 am
The newspaper reports that JPMorgan Chase and Bank of America already this year reached settlements with 200 military members who alleged their homes had been improperly taken away. [read post]
30 Jan 2012, 4:29 pm
To Explain Over $95B of Mortgage-Backed Securities, Institutional Investor Securities Blog, December 17, 2011 FDIC Objects to Bank of America’s Proposed $8.5B Settlement Over Mortgage-Backed Securities, Stockbroker Fraud Blog, August 30, 2011 [read post]
17 Dec 2010, 7:05 am
In other cases, documents were created or falsified to replace documentation lost by the bank or no longer available for other reasons, including bank mergers and the fact that so many of the mortgages were packaged and sold as investments. [read post]
7 Dec 2011, 6:32 pm
Washington Mutual, a bank now owned by Chase, hired eAppraiseIt in 2006 and quickly became the appraisal firm's biggest client, providing about 30 percent of its business in the state of New York. [read post]
17 Sep 2007, 8:03 pm
Mortgage lender PHH said today that J.P. [read post]
12 Mar 2020, 3:06 pm
LBHI has sued (and is still litigating against) an even larger number of lenders, and Chase (or its affiliate EMC Mortgage) has regularly threatened to bring these types of suits against lenders as well. [read post]
5 Mar 2012, 6:45 am
Bank of America, Goldman Sachs, JPMorgan Chase, and Wells Fargo, who were all in the business of packaging and selling subprime mortgages, have been more or less covered with Teflon. [read post]
24 Sep 2013, 6:00 am
Wells Fargo Bank, N.A., ___ Cal. [read post]
15 Aug 2013, 12:14 pm
Two prime traders in JPMorgan Chase’s “London whale” misadventure have been indicted. [read post]
15 Jul 2012, 9:01 pm
As we rolled into the Mortgage Bankers Association conference in Atlanta this past February, the story was similar to the year before. [read post]
19 May 2011, 5:39 pm
Federal investigators are taking an even closer took at the securities-related practices of JPMorgan Chase & Co. [read post]
26 Jul 2014, 6:16 am
Banks typically buy it when a borrower falls behind on mortgage and insurance payments. [read post]
