JP Morgan Pays $13 Billion to Justice Department to Avoid Investigations

Posted by on November 4, 2013 at 8:59 am

The following article is brought to you by Angelina Bouc at GuardianLV.Com Earlier this year federal regulators were ready to prepare a list of enforcement consequences and fines against the largest bank, JP Morgan Chase. This stemmed from pending lawsuits by the Federal Housing Financial Agency – who accused JP Morgan of unlawful practices during […]

‘Foreclosure Review’ Link Surfaces from BofA-Countrywide Trial

Posted by on November 4, 2013 at 8:58 am

The following article is brought to you by ECreditDaily.Com The Independent Foreclosure Review has sent $2.8 billion in compensation checks to more than 4 million borrowers to remedy foreclosure or mortgage-modification abuses, but along this settlement’s long and winding road there have been many bumps and potholes.(CHASEHOMEFINANCESUX RESPONSE: Yeah, The Big Banks Paid ‘Independent’ Consultants […]

JPMorgan in talks to settle government probes for $11 billion: sources

Posted by on October 1, 2013 at 6:33 am

The following article is brought to you by David Henry and Karen Freifeld at Reuters.Com JPMorgan Chase & Co is in talks with government officials to settle federal and state mortgage probes for $11 billion, two people familiar with the matter said on Wednesday. The sum could include $7 billion in cash and $4 billion […]

Elizabeth Warren & Ben Bernanke Q & A – July 18, 2013

Posted by on July 22, 2013 at 9:40 am

I’m sorry I’ve been very busy and haven’t posted anything in a while. I have a lot of things that I will post soon, but I thought this was the most important thing that I needed to post. The most important part of this video starts at about the 4th minute of the video. This […]

JPMorgan Mortgage Fee Fraud Suit Not Barred By Settlement

Posted by on June 15, 2013 at 6:21 am

The following article is brought to you by Evan Weinberger at Law360.Com Law360, New York (June 14, 2013, 7:24 PM ET) — A federal judge in California on Thursday rejected JPMorgan Chase & Co.’s argument that a since-amended 2011 federal settlement over problematic mortgage servicing practices barred a class action lawsuit alleging the bank fraudulently […]