Archive for December, 2010

Cafferty Faucher LLP Files Class Action Lawsuit against JPMorgan and HSBC Alleging Manipulation of Silver Bar Financial Products

December 30, 2010

The following article is brought to you by PYMNTS.com Cafferty Faucher LLP filed a lawsuit on behalf of a class that includes purchasers and sellers of the iShares Silver Trust (NYSE-Arca “SLV”) and the ETF Securities Ltd. Silver Trust (NYSE-Arca “SIVR”) during the period March 1, 2008 through the present. The lawsuit alleges that JPMorgan, […]

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Posted in Jamie Dimon, JPMorgan Chase | 1 Comment »

Christmas Eve, I Received a Foreclosure Notice From Chase

December 28, 2010

The following article is brought to you by Moe Bedard at LoanSafe.org from a homeowner who is working on a modification with Chase Home Finance. What a nightmare! I am with Chase Home Finance. I am a single mom and self employed, and the recession has cost me about $60,000 in lost income over the […]

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

Time to Audit the Remic Trusts

December 23, 2010

The following article is brought to you by L. Randall Wray at Benzinga.com. As I have written, when we peel back the layers of the real estate “onion” what we find is layer after layer of fraud. From the mortgage brokers to the appraisers and lenders, from the securitizers to the ratings agencies and accountants, […]

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Posted in Home Loan Modifications, JPMorgan Chase | 1 Comment »

Foreclosure Defense Lawyers Gaining Ground

December 21, 2010

The following article is brought to you by iNews Connect. Foreclosure Defense lawyers have made some major progress in their battle against the banks this year: 1. They have uncovered the ‘robo-signing’ of affidavits which are made to verify all the documents and facts in a case. 2. Fabricated and forged documents have been uncovered […]

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Posted in Home Loan Modifications, JPMorgan Chase | 1 Comment »

New Jersey Orders Court Appearance for 6 Mortgage Lenders

December 21, 2010

The following article is brought to you by staff writer Zachary A. Goldfard at The Washington Post. Bank executives who were hoping for a quiet end to this fall’s controversy over irregularities in the foreclosure process are facing a new threat: state judges. The chief justice of New Jersey’s Supreme Court, Stuart Rabner, announced Monday […]

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Posted in Home Loan Modifications, JPMorgan Chase | 1 Comment »