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22 Aug 2012, 9:31 am
” The Administrator’s Interpretation stated, “a careful examination of the law as applied to the mortgage loan officers’ duties demonstrate that their primary duty is making sales and, therefore, mortgage loan officers perform the production work of their employers. [read post]
19 Apr 2010, 2:26 am
Morgan Chase released its first quarter financial results on April 14, 2010 (refer here), the firm disclosed that it "$2.3 billion in additional litigation reserves, including those for mortgage-related matters" It should be noted that further regulatory action may come not just from officials in the U.S. [read post]
14 Apr 2010, 3:55 am
Washington Mutual (WaMu to its friends and co-conspirators) was the largest bank failure in U.S. history, when it was handed off in the middle of the night… I mean, when it was sold to JPMorgan/Chase in 2008. [read post]
14 Jun 2010, 9:03 pm
Morgan Chase Bank and IndyMac Mortgage Servicers/OneWest Bank to honor their agreements with borrowers to modify mortgages and prevent foreclosures under the United States Treasury’s Home Affordable Modification Program (“HAMP”). [read post]
Earth to Bankers, Earth to Bankers… Your Planet is Dying, You Must Evacuate, It’s Time to Come Home.
7 Jun 2011, 5:39 am
JPMorgan Chase is planning on opening 4500 branches in and around California? [read post]
15 Mar 2009, 3:47 pm
A Miller-McCune mag. story reports on one homeowner who was offered a useless loan modification by Chase (increasing his payment) who is now refusing to leave. [read post]
30 Apr 2009, 6:19 pm
A bank may not chase you to collect a deficiency judgment, but the Internal Revenue Service will likely pursue collection of income taxes triggered by debt foregiveness. [read post]
17 Aug 2010, 8:09 am
Though she had paid off the mortgage many years ago, she agreed. [read post]
24 Jun 2008, 8:48 pm
Firms have incurred write-downs of almost $400 billion because of mortgage defaults. [read post]
9 Jan 2012, 4:09 pm
For the price of a postage stamp, my clients can bring Chase, or Bank of America, or U.S. [read post]
9 Feb 2012, 5:53 am
The money is being promised by Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Citibank, and Ally Financial Inc. [read post]
19 Jan 2010, 6:15 am
Bank of America Corp., the largest U.S. mortgage company, completed 3,183 modifications. 'Improved Pace' Borrowers with permanent repayment plans have had their monthly mortgage payments drop by an average of 39 percent at Wells Fargo, Heid said. [read post]
18 Mar 2011, 7:31 am
Apparently, good old Bank of America, the bank that can’t seem to stop breaking into homes and stealing stuff, did it again… this time with a short sale the bank had approved. [read post]
2 May 2011, 5:33 am
What do you suppose the banks that compete with Chase would do with their own rates? [read post]
8 Dec 2011, 10:48 am
Previously, HERE, I noted the Maine Supreme Judicial Court's opinion in JPMorgan Chase Bank v. [read post]
15 Apr 2008, 7:12 am
As initially stated herein, M&A activity can be attributed to liquidation problems within a bank. [read post]
21 Nov 2014, 1:26 pm
Director Cordray pointedly contrasted ACH return rates for credit cards, mortgage loans, and auto loans, pegged by JP Morgan Chase at less than 1 percent on average, to a “staggering” 25 percent return rate on payments for payday loans. [read post]
1 Jul 2009, 7:42 pm
A dollar from Chase is no different than a dollar from Bank of America. [read post]
2 Jan 2012, 8:34 am
I certainly don’t have any beef with any of the folks that work at some Chase Bank branch, and I don’t really like the idea of making those bank employees feel persecuted or somehow unsafe… or that they are hated, because they are not… at least not by me. [read post]
1 Mar 2010, 7:44 pm
" The GSE said some big-bank customers aren't honoring its loan repurchase requests "in a timely manner. [read post]