Archive for November, 2010

Enough is Enough, with the Chase Lies!

November 22, 2010

The following article is brought to you by zerohedge at YouTube Frustrated Man with Homeowners group heckles David Lowman at Foreclosure Hearings.

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

Portrait of HAMP Failure: These Aren’t Deadbeats

November 22, 2010

The following article is brought to you by David Dayen at Fire Dog Lake. I wanted to resurrect the Portrait of HAMP Failure series because of an interesting data point on HAMP modifications I recently came across. First, our story, which is so depressingly normal for a borrower seeking help with HAMP that it can […]

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Washington DC Creates “Quasi-Judicial” Foreclosure Process

November 22, 2010

The following article is brought to you by Jacob Gaffney at Housing Wire. Washington D.C. mayor Adrian Fenty ratified a provision this week with the aim of bringing a more judicial-type framework to the nonjudicial foreclosure system in the nation’s capital. However, enforcement of the mandate is likely to add confusion to the federal district’s […]

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Foreclosure Class Actions Pile Up Against Banks

November 19, 2010

The following article is brought to you by Marcy Gordon and Pallavi Gogoi at The Associated Press. NEW YORK (AP) — Foreclosure-fraud class action lawsuits are starting to pile up against major banks across the country, threatening a besieged industry with billions more in potential losses. Bank executives are swarming Capitol Hill this week to […]

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Effective Class Action Ban May Devastate Consumer Protection

November 19, 2010

The following article is brought to you by John Bisnar at californiainjuryblog.com. The Supreme Court faces yet another assault on state consumer protection efforts. This time, states are trying to protect the rights of consumers to organize class action lawsuits in order to fight unruly corporations with unfair practices. These corporations have tried to thwart […]

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