Archive for August, 2011

JPMorgan Chase Mortgage Fraud Class Action Lawsuit Continues

August 31, 2011

The following is brought to you by Matt O’Donnell at TopClassActions.Com. A federal judge has ruled that JPMorgan Chase must face a class action lawsuit that claims it defrauded New Jersey residents who applied for the Home Affordable Mortgage Program, a federal program designed to help homeowners in danger of defaulting on their homes. Chase […]

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Posted in Chase Home Finance Class Action Lawsuit, Home Loan Modifications, Jamie Dimon, JPMorgan Chase, Latest Chase Home Finance LAWSUITS | 6 Comments »

In 50-state foreclosure negotiations, dispute underlines basic questions

August 31, 2011

The following is brought to you by Brady Dennis at WashingtonPost.Com. A recent and acrimonious dispute among state officials over a possible legal settlement to address nationwide mortgage abuses is underscoring basic questions about what the effort should accomplish. In settling claims against the largest banks related to “robo-signed” foreclosure documents and other flawed paperwork, […]

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

Big Banks See Downturn Settling In

August 30, 2011

The following article is brought to you by UPI.Com. NEW YORK, Aug. 29 — A painful reality of lower expectations is beginning to feel real to the U.S. banking community, a former investment banker said. “People heard all these things before, but the reality of seeing the numbers is finally sinking in,” said John Chrin, […]

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

You Must Get A Lawyer Before Your Foreclosed On!

August 30, 2011

The following is a case between JPMorgan Chase and Christopher and Lynn Pace brought to you by Leagle.Com. The Case: Christopher and Lynn Pace lost their home to foreclosure. At the trustee’s sale, JPMorgan Chase Bank NA (Chase) acquired the deed. Chase then filed this unlawful detainer action to acquire possession. Only at that point […]

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

JPMorgan to Pay $88 Million for Violating US Sanctions

August 26, 2011

The following article is brought to you by Eamon Javers at CNBC.Com. JPMorgan Chase has agreed to pay $88.3 million to settle potential civil liability for apparent violations of a wide range of U.S. sanctions, the U.S. Treasury department announced Thursday. This will be the largest settlement ever paid for sanctions violations by a U.S. […]

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