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15 Oct 2010, 11:40 am
Two other major lenders, GMAC and JP Morgan Chase, have also halted foreclosures in many states, but not yet in Massachusetts or New Hampshire. [read post]
14 Oct 2010, 6:27 pm
Earlier this week, JP Morgan Chase announced third quarter profits jumped 23%. [read post]
14 Oct 2010, 6:51 am
In just a small sampling: * All 50 state attorney generals appear to be circling the wagons around the large banks, questioning their handling of residential foreclosure procedures; * Syndicated columnist Candice Choi raises the spectre of disbarred lawyers trying to scam homeowners based on these recent developments; * And JP Morgan Chase annouced increased profits, but the news came out on the same day that officials from all 50 states announced a joint… [read post]
13 Oct 2010, 6:48 pm
Subsequently, JP Morgan Chase and Bank of America made similar announcements concerning documents filed in foreclosure actions. [read post]
13 Oct 2010, 8:20 am
” The deposed employees worked for the mortgage service divisions of banks such as Bank of America and JP Morgan Chase, as well as for mortgage servicers like Litton Loan Servicing, a division of Goldman Sachs. *** Read entire article here. [read post]
11 Oct 2010, 1:30 pm
Recently joining the list of lenders suspending foreclosures are Bank of America, JP Morgan Chase and PNC. [read post]
10 Oct 2010, 12:29 pm
Meanwhile, GMAC, JP Morgan Chase and Bank of America have halted or slowed the foreclosure process in dozens of states after bank employees admitted to signing thousands of documents without knowing details of the case. [read post]
9 Oct 2010, 11:21 am
Over at the New York Times, Ron Lieber has an article today with a new angle on the document problems that have caused mortgage lenders like GMAC Mortgage, JP Morgan Chase, and Bank of America to call a halt to foreclosure proceedings. [read post]
9 Oct 2010, 10:28 am
Thus far, both GMAC and JP Morgan Chase have acknowledged the possibility of legal missteps in the foreclosure process and have suspended foreclosures in the 23 states that require court approval, including Florida. [read post]
8 Oct 2010, 12:01 am
Many of my readers have heard that a number of lenders, including Bank of America, Ally (formerly GMAC), and JP Morgan Chase, have stopped foreclosure proceedings in 23 states. [read post]
7 Oct 2010, 9:55 pm
USAToday.com has posted an article about how foreclosed homes could become harder to buy since Old Republic National Title Insurance has stopped insuring homes' titles that have been foreclosed by GMAC Mortgage and JP Morgan Chase. [read post]
6 Oct 2010, 9:15 am
Employees of Bank of America, JP Morgan Chase, and GMAC have all testified that they signed many thousands of affidavits a month, spending about 30 seconds on each affidavit, and that they hadn't a clue regarding the veracity of the affidavit or documents in question. [read post]
6 Oct 2010, 6:54 am
On Sept. 29, CNBC reported that JP Morgan Chase is also temporarily suspending its foreclosures while it looks into the truthfulness of affidavits signed to support those foreclosures. [read post]
5 Oct 2010, 1:12 pm
Many banks, including Bank of America, JP Morgan, and GMAC, employed people who processed the paperwork as quickly as possible in order to comply with many local rules and procedure. [read post]
5 Oct 2010, 9:05 am
Bank of America followed the lead of JP Morgan Chase and GMAC Mortgage who both have put a freeze on their pending foreclosure cases within the past two weeks. [read post]
4 Oct 2010, 8:16 am
In reaction to the ruling, a coalition of seven major public pension systems called on the boards of directors of Bank of America, Citigroup, JP Morgan Chase, and Wells Fargo to immediately undertake independent examinations of the banks’ mortgage and foreclosure practices. [read post]
4 Oct 2010, 6:49 am
Similar class-action claims are pending against JP Morgan Chase and Wells Fargo, two other major lenders. [read post]
4 Oct 2010, 5:52 am
– Fort Worth, September 23, 2010) the relator (Professional Pharmacy) sought a writ of mandamus from a district court’s March 8, 2010 order granting JP Morgan Chase Bank, NA’s (JP Morgan’s) motion to strike Professional Pharmacy’s jury demand and enforce a contractual waiver of jury trial. [read post]
2 Oct 2010, 2:00 pm
Did you own property in South Carolina that was foreclosed by a major lender such as Citigroup, JP Morgan Chase, or Bank of America? [read post]
1 Oct 2010, 12:41 pm
Además de JP Morgan Chase, GMAC Mortgage y Bank of America han suspendido todas las ejecuciones en 23 estados cada uno, después de descubrir problemas similares con sus respectivos documentos de ejecución hipotecaria. [read post]
