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The independent foreclosure review was an initiative in the United States to attempt to provide aid to homeowners who had either received their Notice of Default, or were in danger of foreclosure in early 2010's. The review was initiated as a result of the Foreclosure Crisis of 2010. The Independent Foreclosure Review provided homeowners the ...
In response to accusations of document fraud, JPMorgan Chase (JPM) said Wednesday it's expanding its foreclosure review to some 115,000 cases. The review, which involves homeowners in 41 states ...
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 ...
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 ...
[3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] [7] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [8] [9]
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 ...
The OCC terminated that order on July 21, 2015, after determining that the bank “satisfied the terms of the 2011 foreclosure-related consent order” and completed the independent foreclosure review in accordance with the requirements included in the original 2011 order. [20]
Borrowers who think banks improperly foreclosed on them between 2009 and 2010 now have more time to request an independent review that could compensate them. The Office of the Comptroller of the ...