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22 Jan 2011, 1:32 pm
The investigation, announced Oct. 13, 2010 came after JPMorgan and Ally Financial's GMAC mortgage unit said they would stop repossessions in 23 states where courts supervise home seizures, and Bank of America, the largest U.S. lender, froze foreclosures nationwide. [read post]
22 Jan 2011, 7:50 am by Mandelman
  They say that in buying the homes in the first place, they gambled and lost… and therefore should lose their homes that they now can’t refinance and therefore can’t afford. [read post]
17 Jan 2011, 2:51 pm by Adam Levitin
  And yet now we learn that JPMorgan Chase has been engaged in wide-scale violations of the Servicemembers Civil Relief Act, including overcharging active duty military members on their mortgages and wrongfully foreclosing on their homes. [read post]
8 Jan 2011, 2:30 pm by Rich Vetstein
Josh Rosner, a well respected financial analyst, issued a client advisory in October, advising of widespread violations of pooling and servicing agreements on mortgages. [read post]
7 Jan 2011, 11:49 am by Brian Wolfman
That issue prompted an uproar last year that led lenders like Bank of America, JPMorgan Chase and Ally Financial to temporarily stop seizing homes. [read post]
3 Jan 2011, 7:38 pm by Kevin Funnell
The truth of the matter is that the federal government, through agencies like Fannie, Freddie, the Federal Home Loan Banks and the FDIC, have been calling the shots in the banking industry since the 1930s. [read post]
30 Dec 2010, 2:23 pm by Moderator
"We are delighted to finance US exports that support economic growth in this important Central American market while sustaining US jobs at thousands of Boeing subsuppliers at home. [read post]
27 Dec 2010, 6:47 am
Bank of America, Chase, Wells Fargo, OneWest, Citibank and Ally Financial have until Jan. 19 to file paperwork showing this. [read post]
18 Dec 2010, 4:23 am by Mandelman
Interestingly, ACCE and the Home Defender League have already had some early success. [read post]
17 Dec 2010, 8:46 am by Mandelman
Before the following year would come to its end, Bear Stearns would be handed off to Jamie Dimon, CEO of JPMorgan Chase, essentially in the middle of the night… initially for just $2 a share, although the price was soon raised to $10 a share in deference to Bear’s shareholders. [read post]
16 Dec 2010, 6:20 am
In fact, bankruptcy is a common strategy for people whose foreclosures stem from financial problems they expect to fix. [read post]
15 Dec 2010, 8:00 am by J Robert Brown Jr.
  As the Report noted:  All of the pre-crisis Wall Street banks in the study, with one exception, JPMorgan Chase, were once partnerships. [read post]
12 Dec 2010, 12:51 pm by John Watts & M. Stan Herring
Some employees at major banks have even testified in court that they signed, and sometimes even backdated, thousands of documents that authorized home seizures. $6.4 trillion in mortgages is involved and some of the larger banks-JPMorgan Chase, Bank of America, and Ally Financial Inc.'s GMAC Mortgage- have paused foreclosing on homes due to the sloppy and incorrect documentation. [read post]
12 Dec 2010, 12:51 pm
Some employees at major banks have even testified in court that they signed, and sometimes even backdated, thousands of documents that authorized home seizures. $6.4 trillion in mortgages is involved and some of the larger banks-JPMorgan Chase, Bank of America, and Ally Financial Inc.'s GMAC Mortgage- have paused foreclosing on homes due to the sloppy and incorrect documentation. [read post]
6 Dec 2010, 10:55 am by Mandelman
And besides, when Wells Fargo or Chase tells me that I don’t need a lawyer, aren’t they giving me legal advice? [read post]
5 Dec 2010, 8:07 pm
Some of the less expensive options suggested include:Nosh on trays of wannabe hors d’oeurvres from Costco, and chase them down with no-name brewskis. [read post]
4 Dec 2010, 11:20 am by Darrin Mish
In the indictment, authorities allege that John helped his brother David obtain loans from Harleysville National Bank, Bank of America and Chase Home Finance. [read post]
30 Nov 2010, 8:35 pm by Gallagher & Associates Law Firm
Officials from Ally Financial, Bank of America, JPMorgan Chase, Citigroup and Wells Fargo said they don't believe any document errors led to foreclosures that would not have occurred otherwise. [read post]