Search for: "JPMorgan Chase Bank"
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12 Oct 2010, 6:36 am
JPMorgan Chase… only 74 times this month… I hope I didn’t upset you with my “Inside Chase and the Perfect Foreclosure” article. [read post]
12 Oct 2010, 4:57 am
PNC becomes the fourth major lender to temporarily freeze foreclosures, joining Bank of America, JPMorgan Chase, and GMAC Mortgage. [read post]
11 Oct 2010, 6:47 am
In recent weeks, big lenders like GMAC Mortgage, JPMorgan Chase and Bank of America have halted many or all of their foreclosure proceedings in the wake of allegations of sloppiness, shortcuts or worse. [read post]
11 Oct 2010, 6:45 am
Three major mortgage lenders; Bank of America, JPMorgan Chase and Co. and Ally Financial, have halted their foreclosure proceedings in 23 states including Florida and Senator Richard Shelby, lead Republican on the Senate Banking Committee, stated that a congressional investigation should be begun to review the foreclosure practices of the largest banks. [read post]
10 Oct 2010, 8:11 am
In addition to JPMorgan Chase, the list included Bank of America, Citibank, HSBC, PNC Bank, U.S. [read post]
10 Oct 2010, 7:11 am
“In recent weeks, big lenders like GMAC Mortgage, JPMorgan Chase and Bank of America have halted many or all of their foreclosure proceedings in the wake of allegations of sloppiness, shortcuts or worse. [read post]
9 Oct 2010, 10:28 am
One bank after another -- GMAC, Bank of America, JPMorgan Chase -- have slowed or halted foreclosures in response. [read post]
9 Oct 2010, 7:00 am
JPMorgan Chase did the same thing last year, citing the fact that loans originated in-house performed better than those that came from brokers. [read post]
8 Oct 2010, 2:30 am
Within the last two weeks, GMAC Mortgage, JPMorgan Chase and Bank of America have all admitted that a few of their employees signed and verified thousands of documents a month that were not even read. [read post]
7 Oct 2010, 9:55 pm
Bank of America said Friday that it, too, will stop foreclosures in those states while reviewing its records for the same problems tying up JPMorgan and GMAC foreclosures. [read post]
6 Oct 2010, 12:20 pm
The three lenders who are at the center of the controversy, GMAC Mortgage, JPMorgan Chase and Bank of America, declined to comment. [read post]
6 Oct 2010, 6:49 am
Two major lenders on the list, JPMorgan Chase and Bank of America, declined to comment on Abbott’s action. [read post]
6 Oct 2010, 6:21 am
These shortcut attempts, now discovered, have resulted in the halting of foreclosures in 23 states, including in areas of Florida: ” Bank of America, JPMorgan Chase, and Ally Financial (formerly known as GMAC) halted foreclosures in 23 states after employees admitted in sworn depositions that they didn’t verify information in thousands of foreclosure documents. [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]
3 Oct 2010, 7:59 pm
Francine's gone back and parsed previous public reports that estimate the potential buyback risk to banks like JPMorgan Chase and the quarterly reports that contain reserves for such losses, and thinks she smells the stench of a gross mismatch. [read post]
3 Oct 2010, 8:29 am
WE are witnessing more bad news as JPMorgan Chase halted 56,000 foreclosures amid doubts that it had correctly followed laws on the foreclosure process. [read post]
3 Oct 2010, 4:25 am
JPMorgan Chase has announced that it has offered over 900,000 mortgage modifications to delinquent borrowers since the beginning of 2009, and that 23 percent of those modifications resulted in a permanent change to the borrower’s mortgage. [read post]
2 Oct 2010, 7:26 am
GMAC and JPMorgan Chase have acknowledged legal missteps, and have suspended new foreclosure actions in 23 states. [read post]
