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14 Oct 2010, 6:51 am by doug
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]
14 Oct 2010, 5:02 am by By DEALBOOK
JPMorgan Chase slashed third-quarter compensation for its investment-bank employees by 31 percent from the prior quarter, as the company's revenue declined, Bloomberg News reported. [read post]
13 Oct 2010, 10:44 am by Donna Mia
Just last week, Bank of America, JPMorgan Chase, and GMAC (a unit of Ally Financial Inc.) all announced that they were halting foreclosure proceedings. [read post]
13 Oct 2010, 4:14 am by By DEALBOOK
JPMorgan Chase on Wednesday announced a $4.4 billion profit for its third quarter, rising significantly over the same time last year as the firm cut its provisions against loan losses. [read post]
13 Oct 2010, 3:48 am by By DEALBOOK
The Tribune Co. said Tuesday that it reached agreement with more parties to its bankruptcy as it tries to bring its publishing and broadcasting business out of Chapter 11. [read post]
12 Oct 2010, 11:57 am by By THOMAS KAPLAN
Shares of OfficeMax climbed as much as 10 percent on Tuesday after analysts at JPMorgan Chase suggested that the office supply chain could be a good target for a buyout. [read post]
12 Oct 2010, 9:46 am by Ian
JPMorgan Chase, GMAC and PNC Financial limited their foreclosure freeze to the 23 states that require judicial review. [read post]
12 Oct 2010, 6:36 am by Mandelman
  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 by On the Net
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, 1:32 pm
JPMorgan Chase said that it is putting a temporary halt to open foreclosure cases while it verifies that foreclosure documents filed in court were reviewed properly. [read post]
10 Oct 2010, 7:11 am by lawmrh
“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 by John Watts & M. Stan Herring
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]