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19 Oct 2010, 4:43 am
As a result, JP Morgan Chase will have 115,000 cases under review. [read post]
18 Oct 2010, 8:00 am
Recent reports have raised the possibility that Ally Financial, formerly GMAC, JP Morgan Chase, Bank of America, PNC Bank and other lenders may have wrongfully foreclosed on homeowners in New York state due to the practice of "robo-signing" where lenders circumvent the appropriate and required due process for foreclosures. [read post]
18 Oct 2010, 5:51 am
JP Morgan Chase & Co. et al, 2-08-cv-00448 (TXED October 12, 2010, Order) (Folsom, J.) [read post]
16 Oct 2010, 1:28 pm
And there’s simply zero probability that the politicians in Washington are going to let Bank of America or Citigroup or JP Morgan Chase fail because of a legal issue. [read post]
15 Oct 2010, 6:28 pm
Bank of America, JP Morgan Chase and GMAC Mortgage announced that they were temporarily halting pending foreclosures, while Wells Fargo has not suspended foreclosures despite the deficiencies uncovered. [read post]
15 Oct 2010, 3:30 pm
Do not permit yourself to be railroaded by Bank of America, GMAC, Citigroup, JP Morgan Chase, Wells Fargo, or any other lenders that try to foreclose on you. [read post]
15 Oct 2010, 3:30 pm
Do not permit yourself to be railroaded by Bank of America, GMAC, Citigroup, JP Morgan Chase, Wells Fargo, or any other lenders that try to foreclose on you. [read post]
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 investigation… [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]
