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19 Oct 2010, 8:55 am
Of primary concern is the fact that bank representatives and their attorneys have apparently signed off on ownership of hundreds of thousands of properties without adequate knowledge or proof that the bank was the rightful owner -- millions of mortgages, after all, had long since been packaged and sold to investors as securities. [read post]
19 Oct 2010, 5:15 am
Bank of America, JPMorgan Chase and other lenders that used robo-signers — the term caught on instantly — have enacted their own freezes. [read post]
18 Oct 2010, 5:30 pm
Bank shares sank last week after JPMorgan Chase & Co. said it set aside $1.3 billion in the third quarter to cover legal expenses that include the foreclosure document problems. [read post]
18 Oct 2010, 8:00 am
In August 2010, DiNapoli and Liu sent letters to several large banks requesting detailed information regarding their efforts to help New Yorkers who are confronting the painful threat of mortgage foreclosure. [read post]
18 Oct 2010, 6:53 am
’s GMAC Mortgage Unit and JPMorgan Chase & Co. [read post]
17 Oct 2010, 11:49 pm
Foreclosure is already a slow process, but the decision by lenders such as Bank of America Corp. and J.P. [read post]
17 Oct 2010, 3:50 pm
Before about February 2008, the banks pretty much never modified mortgages at all. [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]
15 Oct 2010, 12:02 am
Indeed, many banks, including some of the nation's largest, like Bank of America, have temporarily halted foreclosures in Florida. [read post]
14 Oct 2010, 6:51 am
JPMorgan, a big player in the mortgage market, said it was expanding its review of foreclosures from 23 to 41 states, and doubling the amount of cases under review to 115,000. [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, 4:20 pm
My name is Martin Andelman and I am the author of the blog, Mandelman Matters. [read post]
13 Oct 2010, 10:44 am
As a result, many banks have claimed ownership on the same mortgage, and in short, no one knows who actually owns the mortgage. [read post]
13 Oct 2010, 9:18 am
Within the last few weeks, Bank of America, JPMorgan Chase and [...] [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]
13 Oct 2010, 7:06 am
The decision of these banks to temporarily suspend the foreclosures arose from the discovery of the practice of at least one bank of having court documents executed by a bank officer attesting to the bank’s possession of mortgage notes when in fact that officer had no actual knowledge of the whereabouts of the mortgage note. [read post]
