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5 Oct 2010, 9:43 pm
Chase sent them a notice stating they were in default on their mortgage, but it arrived when the family was in Minnesota for a medical emergency. [read post]
5 Oct 2010, 1:12 pm
Indeed, just recently an individual's home was foreclosed on despite the fact that his home did not have a mortgage, and in another instance a local South Florida Judge blasted the bank's foreclosure lawyer for failing to follow appropriate procedure in a foreclosure case. [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]
5 Oct 2010, 12:47 am
Our nostalgia for the Wild West may suffer as this occurs and no one is able to live a settled secure life anymore in the USA.Eloquent hyperbole, at very least.More on the developing mortgage foreclosure moratorium storyline is here and here:Seismic tremors ran through the financial industry last week as two banks--Ally Financial (formerly GMAC) and JPMorgan Chase--admitted to filing fraudulent documents in potentially hundreds of thousands of foreclosure cases. [read post]
4 Oct 2010, 9:44 am
As a result of widespread verification problems, GMAC Mortgage and JPMorgan Chase now say they will amend paperwork in cases in which affidavits were files that were not actually verifying known information. [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]
3 Oct 2010, 7:59 pm
I went back and looked at the JPM Chase and Bank of America (BAC) 2009 Annual Reports for more clues. [read post]
3 Oct 2010, 8:29 am
Now we learn that foreclosures, the end of the mortgage pipeline, have also been handled with a disregard for rules and standards. [read post]
3 Oct 2010, 4:25 am
The bank said that its own mortgage modification programs were offered to almost 347,000 homeowners, of which more than one-third were approved for a permanent modification. [read post]
3 Oct 2010, 12:49 am
One would think that a bank could only foreclose on a home if it owns a mortgage on the property. [read post]
2 Oct 2010, 7:26 am
GMAC has acknowledged legal missteps in processing mortgages, and JPMorgan Chase has acknowledged the possibility of missteps, and both have suspended all foreclosures in the 23 states where they need a court’s approval. [read post]
2 Oct 2010, 6:33 am
Morgan Chase, Citibank, HSBC, PNC Bank, U.S. [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]
1 Oct 2010, 10:04 am
One of Chase's allegations was that the home-owner signed the mortgage. [read post]
30 Sep 2010, 7:19 am
Bloomberg: “JPMorgan Chase & Co. faces a legal challenge next month that could cast doubt on thousands of foreclosures after a mortgage executive at the bank said she didn’t verify documents used to justify home seizures. [read post]
29 Sep 2010, 6:30 pm
Alas, his mortgage company, Chase Home Finance, still rejected him. [read post]
29 Sep 2010, 2:03 pm
JPMorgan Based Foreclosures on Faulty Documents, Lawyers Claim – Bloomberg JPMorgan Chase & Co. faces a legal challenge next month that could cast doubt on thousands of foreclosures after a mortgage executive at the bank said she didn’t verify documents used to justify home seizures. [read post]
29 Sep 2010, 8:58 am
Alas, his mortgage company, Chase Home Finance, still rejected him. [read post]
27 Sep 2010, 9:55 pm
Well, in the August HAMP Report, which is published monthly by Treasury, is a chart that shows that Treasury has disagreed with a higher than average number of the decisions being made by CHASE, Wells Fargo and Bank of America. [read post]
