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9 Feb 2011, 6:58 am
They had been trying to get Chase to modify their loan for over a year. [read post]
12 Jun 2011, 1:11 am
So, I’m sure you’ve heard, the Treasury Department announced that would be suspending incentive payments provided to the three largest mortgage hampsters under HAMP until they get their acts together… Bank of America, Chase and Wells Fargo will not be receiving checks that add up to millions of dollars each month, until they can show that they [read post]
23 Nov 2011, 3:32 pm
As of October of 2011, as a result of the “bailouts,” Goldman Sachs still owes U.S. taxpayers $12.9 billion, JPMorgan Chase owes us $32 billion, Morgan Stanley owes us $25.5 billion, and Bank of America owes us $19.7 billion. [read post]
3 Aug 2011, 4:47 am
Not only is disposing of these homes a headache for all of the mortgage servicers, when you consider that when banks foreclose they become responsible for taxes and maintenance costs, it’s also a costly headache. [read post]
17 Jun 2015, 10:42 am
” But ask yourself: if you think that the “use of an American bank” is a sufficient basis for the exercise of US jurisdiction over foreign nationals residing and conducting business abroad, then presumably you’re OK with being hauled into court in Singapore because you have used, say, a bank operating in Singapore, or into a Mexican court because your money found its way to a Mexican mortgage broker, or into a Danish court because you… [read post]
19 Apr 2011, 12:41 pm
The list of servicers, in alphabetical order, includes: Ally Financial/GMAC, Aurora Bank, Bank of America, Citigroup, EverBank, HSBC, JPMorgan Chase, MetLife, OneWest Bank, PNC Financial, Sovereign Bank, SunTrust, U.S. [read post]
6 Dec 2009, 6:48 pm
Futures are pointing to further declines in the US and UK residential mortgages of both prime and sub-prime loans. [read post]
19 May 2011, 6:17 am
Not so in consumer finance, where you chase the debtor: – and hadn’t been heard from until a bounty hunter located him in Mexico earlier this month. [read post]
31 Aug 2009, 3:55 am
., ALLSTATE INSURANCE COMPANY, AND JP MORGAN CHASE BANK, N.A., Curiously, Footnote 3 seems to say that the entire case has been dismissed. [read post]
23 Jul 2012, 12:14 am
JP Morgan Chase participates in nine of the ten Libor panels. [read post]
9 Dec 2005, 1:36 pm
As Melanie Kovacs found to her dismay, trying to pay off her Bank of America card was akin to running in place. [read post]
12 Jul 2010, 10:43 am
In a US contact, I’ve previously poo-poohed strategic mortgage default. [read post]
21 Oct 2010, 6:24 am
The court system's affirmation form notes that foreclosure filings in various U.S. courts have been subject to such defects as failure to review documents and establish standings, bogus affidavits and the "robo-signing" of documents.Bondholders Gear Up to Sue Banks Over $47 Billion in Countrywide Mortgage-Backed SecuritiesThe American LawyerA group of eight institutional investors who collectively hold more than 25 percent of the voting rights in more than $47… [read post]
28 Mar 2011, 7:02 pm
LP, and JPMorgan Chase & Co. [read post]
23 Aug 2021, 5:04 am
The rest of the chapter details how JPMorgan Chase, our county's largest bank, was deeply involved in the slave trade, how even after New York abolished slavery in 1827, "slave catchers" still roamed the streets looking for fugitive enslaved people to return to their enslavers in the South, and how Central Park was built for free black people in the nineteenth century but was eventually turned into one of the most famous green spaces in the world. [read post]
30 Nov 2011, 2:15 pm
JP Morgan Chase went from A+ to A; Goldman Sachs, Bank of America, Morgan Stanley and Citigroup were downgraded from A to A-; and Wells Fargo was cut from AA- to A+. [read post]
20 Feb 2012, 10:34 am
I guess the reality is that maybe I’ll never understand this sort of thing… how it ends up coming to my desk at this point… how it is that there wouldn’t be a dozen or more people at Wells Fargo Bank chasing this 65 year-old woman around, trying to apologize, offering to make things right… asking for forgiveness. [read post]
7 Dec 2009, 6:31 am
In Credit Suisse First Boston Mortgage Capital v. [read post]
27 Sep 2011, 12:09 pm
Was it a “predatory mortgage,” or poor financial planning? [read post]
16 Dec 2011, 5:40 pm
Folks like Jamie Daimon, CEO of JPMorgan Chase, and Brian Moynihan, CEO of Bank of America, live in rarified worlds that insulate them from seeing the dirty foreclosure industry tactics that their institutions orchestrate and that we and our clients live with every day. [read post]
