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JPMorgan Chase & Co. (JPM) will delay foreclosing on some properties in order to review affidavits that were signed by employees who didn't verify related files, making the company at least the ...
A JPMorgan Chase employee testified in a deposition that she was one of eight managers who combined to sign some 18,000 documents a month without the personal knowledge the documents claimed they ...
JPMorgan Chase (JPM) is widening its review of foreclosure documents, CNNMoney said. The bank is already reviewing 56,000 foreclosure documents in 23 states that need a judge to sign off on a ...
The FDIC sold the assets, all deposit accounts, and secured liabilities to JPMorgan Chase, but not unsecured debt or equity obligations. [39] Washington Mutual Savings Bank's closure and receivership is the largest U.S. bank failure in history. [40] Kerry Killinger, the CEO from 1988 to August 2008, had been fired by the board of directors.
Chase Manhattan Bank: JPMorgan Chase: 1959 Chase Manhattan Bank: Clinton Trust Company Chase Manhattan Bank: JPMorgan Chase: 1959 Chemical Corn Exchange Bank: New York Trust Co. Chemical Bank New York Trust Co. JPMorgan Chase: 1961 J. P. Morgan & Co. Guaranty Trust Co. of NY Morgan Guaranty Trust Co. of NY: JPMorgan Chase: 1960 American ...
This revelation led to increased scrutiny of foreclosure documentation. The practice was apparently common in the mortgage industry. In the weeks following the robo-signing revelation, other large banks came under fire for employing robo-signers as well, including JPMorgan Chase and Bank of America. [14]
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