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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 ...
Cases of homeowners struggling against their banks to fend off foreclosure are a dime a dozen these days. But Michelle Hansen of Aurora, Colo., is upping the ante against JPMorgan Chase, which she ...
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 foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of America, JP Morgan, Wells Fargo, and Citigroup—responded by halting their foreclosure proceedings temporarily in some or all states.
Bank of America, Citigroup Inc, JPMorgan Chase & Co, Wells Fargo & Co, MetLife Bank, Aurora Bank FSB, PNC Financial Services Group Inc, Sovereign Bank NA, SunTrust Banks Inc, and U.S. Bancorp settle with regulators to pay out cash up to $125,000 to homeowners whose homes were being foreclosed when the paperwork problems emerged.
On May 11, 2010, JPMorgan Chase claimed in a foreclosure suit that LUK-MB1 LLC owed $105 million and was no longer making payments on the construction loan for The Market Common. Jones Lang LaSalle, as receiver , managed the complex. 37 of 55 businesses were on a "watch list", meaning they had asked for or could get reductions in rent, or that ...
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 ...
An Obama Administration housing official said mortgage lenders such as Bank of America Corp. (BAC) and JPMorgan Chase & Co. (JPM) could legally resume foreclosures on homes, though they may be ...
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