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8 Jan 2011, 2:30 pm
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]
7 Jan 2011, 10:09 pm
Ohio Judge Peter Sikora was looking to take advantage of the lowest mortgage interest rates in decades and refinance his eight-bedroom, lakefront Cleveland home, so he contacted his bank, JPMorgan Chase. [read post]
7 Jan 2011, 11:49 am
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]
6 Jan 2011, 5:50 am
***Customers who maintain daily balances of at least $2,000 or who use another product, such as a Bank of America credit card or mortgage, would avoid monthly fees ranging from $15 to $25. [read post]
3 Jan 2011, 8:16 pm
Subpoenas have been sent to Bank of America, Citigroup, JPMorgan Chase, Goldman Sachs and Wells Fargo. [read post]
3 Jan 2011, 7:38 pm
How can bankers like JPMorgan Chase CEO Jaime Dimon, who settled his own tab with Fannie and Freddie on equally attractive terms last year, complain about Barack Obama when the supposedly liberal President is so generous with public subsidies for the zombie banks? [read post]
3 Jan 2011, 5:50 pm
I am not sure why the smaller banks are so much more intent on chasing homeowners for deficiency judgments. [read post]
28 Dec 2010, 10:04 am
She says she is scared of her bank and its plentiful resources, so much so that she cannot even open its certified letters inquiring where her mortgage payments may be. [read post]
28 Dec 2010, 9:06 am
Chase Home Fin., 2010 U.S. [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]
22 Dec 2010, 7:49 am
Anyway, here you go… “Some of the cases appear to be mistakes involving homeowners who were up to date on their mortgage — or had paid off their home — but who still became targets of a bank. [read post]
17 Dec 2010, 8:46 am
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]
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]
16 Dec 2010, 6:20 am
The couple narrowly avoided foreclosure earlier this year through a loan modification, and now says Chase Bank reneged on that deal. [read post]
13 Dec 2010, 5:50 pm
Currently, several other banks have lawsuits filed against them, including: Bank of America lawsuit involving investors who purchased over $375 million in mortgage backed securities Citigroup, Inc. lawsuit, in part, for inappropriate underwriting of residential mortgage backed securities. [read post]
13 Dec 2010, 9:10 am
Benison of JPMorgan Chase & Company; James J. [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]
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]
10 Dec 2010, 12:04 pm
A Chase spokesman said that since the bank is the note holder in Georgia, they then have the right to file the motion. [read post]
6 Dec 2010, 1:12 pm
Morgan Chase CEO Jamie] Dimon allowed me into his inner sanctum, giving me an insider’s view of how he thinks about banking and how he runs the bank. [read post]
