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11 Feb 2014, 2:50 pm by Fraud Fighters
The Department of Justice (DOJ) announced last week that JPMorgan Chase, the largest bank and financial institution in the country, will pay a $614 million settlement to the US government to resolve allegations that it approved thousands of unqualified home mortgage loans for government insurance and refinancing. [read post]
22 Mar 2012, 3:46 pm by admin
  In 2005, the pair began noticing that mortgage lenders were charging veterans hidden fees on home loans refinanced under the government’s Interest Rate Reduction Refinancing Loans program. [read post]
10 Feb 2010, 12:02 pm by Administrator
  But this month, in two of my pending Chapter 13 cases, Chase Home Loans has run off and set or actually conducted post bankruptcy foreclosure sales. [read post]
9 Dec 2011, 6:37 am
Stein refinanced in October 2006 with a $484,000 loan from Chase, and took out a second loan from National City in January of 2007. [read post]
2 Jul 2011, 3:45 am by Tomassi Law Associates
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINECompare Mortgage Interest Rates Today June 23 Fixed FHA and VA Home Loans Lower at Chase and Wells Fargo Posted on | June 23, 2011 | Comments Off Today we have seen the 10 year treasury rate yield down slightly which in turn has pushed fixed VA and FHA home loan interest rates lower. [read post]
5 Feb 2014, 10:48 am by Elizabeth LaForgia
(JPM) [corporate website] will pay the US government $614 million and improve company mortgage lending practices under a settlement announced Tuesday for claims it approved thousands of unqualified home mortgage loans for government insurance since 2002 and cost the government millions of dollars when the loans defaulted. [read post]
2 May 2010, 8:48 am by malik11397
As we know, most of the homes in Nevada has a second loan which are called junior liens in legal language and they are subordinate to the first loan. [read post]
4 Oct 2014, 5:44 am by Sam Turco
Sure, HAMP laws require the banks to modify certain mortgage loans, but what do you do when they refuse to follow the law? [read post]
14 Apr 2010, 1:43 pm by doug
Chase estimates that reducing home loan balances so that no homeowners would owe more than the value of their homes would cost up to $900 billion, with $150 billion of that borne by the government. [read post]
Ally/GMAC Bank of America Citi JPMorgan Chase Wells Fargo Fannie & Freddie The settlement does not extend to loans owned by Fannie Mae and Freddie Mac, the giant buyers of home loans. [read post]
Ally/GMAC Bank of America Citi JPMorgan Chase Wells Fargo Fannie & Freddie The settlement does not extend to loans owned by Fannie Mae and Freddie Mac, the giant buyers of home loans. [read post]
18 Jan 2017, 12:35 pm by Justin Cosgrove
The lawsuit accuses [Reuters report] JPMorgan of discriminating against minority borrowers by allowing mortgage brokers to charge them more for home loans. [read post]
10 May 2010, 11:15 pm by R. Grace Rodriguez, Esq.
"We have increased borrower participation dramatically by concentrating our reach-out efforts and bringing together dozens of Chase loan counselors for several days," said Dave Lowman, head of home lending at Chase. [read post]
10 May 2012, 12:53 pm
  Bank of America Home Loans, one of the five major banks involved in the settlement, has purportedly been reaching out to customers who may be eligible for forgiveness of a portion of the principal balance on their mortgage under the terms of the settlement. [read post]
13 Mar 2012, 1:37 pm by eithurburn@getnicklaw.com
JP Morgan Chase has agreed to pay $45 million to resolve allegations that the bank defrauded veterans by charging them impermissible fees on home mortgage refinancing transactions. [read post]
21 Mar 2011, 9:02 pm
This Interpretation is not necessarily limited to employees whose job title is that of a mortgage loan office, but rather covers all employees in the financial services industry who perform the typical job duties of a mortgage loan officer, such as mortgage loan representatives, mortgage loan consultants, and mortgage loan originators. [read post]
20 Oct 2010, 11:54 am
Recently, GMAC Mortgage, Bank of America, and JPMorgan Chase recommended that Fannie Mae halt the sale of any home that involved a loan sold to Fannie Mae by those companies This has added a new problem to the foreclosure crisis. [read post]