Archive for October, 2010

Bank of America, JPMorgan Get Texas Subpoenas on Foreclosures

October 26, 2010

The following article is brought to you by Margaret Cronin Fisk at Bloomberg. Bank of America Corp., JPMorgan Chase & Co. and seven other banks or loan servicers were subpoenaed by Texas Attorney General Greg Abbott for information about their foreclosure practices, a spokesman said. “The state is subpoenaing information and documents,” Jerry Strickland, the […]

Posted in Home Loan Modifications, JPMorgan Chase | 2 Comments »

End Bailouts—No Ifs, Ands, or Buts

October 26, 2010

The following article is brought to you by Chris Farrel at Bloomberg BusinessWeek. With the foreclosure crisis raising jitters about bank losses, Chris Farrell says government should steer clear of further help to ailing financial firms. It’s hard to imagine, but it looks like the beleaguered U.S. housing market faces further travails. And that means […]

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Posted in Jamie Dimon, JPMorgan Chase | 1 Comment »

The Nation: Letting The Banks Make The Rules

October 22, 2010

The following article is brought to you by consultant writer, Kai Wright at NPR-Nation. Kai Wright, the Alfred Knobler Journalism Fellow at The Nation Institute, is the editorial director of ColorLines. A year and a half ago, I sat in the office of Jim Kowalski, a prosecutor turned defense attorney in Jacksonville, Florida, listening to […]

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Posted in Home Loan Modifications, JPMorgan Chase | 3 Comments »

My Continued Loan Dilemma, Who’s JMA Services?

October 20, 2010

On October 18, I found a letter attached to my door in an envelope, “CONFIDENTIAL”. The letter was from a company called JMA Services (JM Adjustment Services) that states that their company is trying to contact me on behalf of Chase Home Finance. I love how these letters state that their representative tried to make […]

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Posted in My Blog Posts, My Loan Dilemma | 12 Comments »

Intermission, at Best, in Battle Over Foreclosures

October 20, 2010

The following article is brought to you by David Streitfeld of The New York Times. Bank of America may be trying to bring down the curtain on the foreclosure furor, but there were numerous indications Tuesday that the problems would not move off-stage so quickly. A day after the bank said it would once again […]

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Posted in Home Loan Modifications, JPMorgan Chase | No Comments »