Archive for March, 2013

Am I Confused On The Numbers With Regards To The Independent Foreclosure Review?

March 27, 2013

A lot of the media is proclaiming that the funds, 9.3 billion, from the Independent Foreclosure Review is being divided among 4.2 million eligible families, but that is not the case. 4.2 million families were sent a card or letter about participating in The Independent Foreclosure Review, but only about 6% replied by the deadline. […]

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Posted in Home Loan Modifications, Jamie Dimon, JPMorgan Chase, My Blog Posts | 2 Comments »

Letter – Sen. Warren and Rep. Cummings will meet with OCC and Fed about botched “independent” foreclosure review.

March 26, 2013

Warren to OCC, Fed: “For our 14 specific requests, your letter provided 2 partial responses & only 1 full response.” FYI: Bank consultants received $20,000 per “independent” foreclosure review, nearly 5 times as much as the average each borrow will receive. You can read and download the Scribd letter from Senator Elizabeth Warren & Representative […]

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Posted in 'INDEPENDENT' FORECLOSURE REVIEW, Home Loan Modifications, Jamie Dimon, JPMorgan Chase, My Blog Posts | No Comments »

Bernanke: Fed Takes Responsibility for Failure of Foreclosure Reviews

March 26, 2013

The following article is brought to you by ECreditDaily.Com. Federal Reserve Chairman Ben Bernanke took responsibility for the costly delays in getting compensation to 4 million homeowners who were victims of wrongful actions by lenders under the so-called Independent Foreclosure Review. In a hearing before the House Committee on Financial Services Wednesday, Bernanke only spoke […]

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Posted in 'INDEPENDENT' FORECLOSURE REVIEW, Home Loan Modifications, Jamie Dimon, JPMorgan Chase | No Comments »

Independent Foreclosure Review – Maybe There Is “Some” Justice?

March 23, 2013

For years the banks and the government agencies have failed my family and 4.2 million families with regards to getting justice from the abusive practices by big banks involving home loans, modifications and the foreclosure process. The only justice I ever saw was through outside agencies: On-Track out of Asheville, NC an independent family support […]

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Posted in 'INDEPENDENT' FORECLOSURE REVIEW, Home Loan Modifications, Jamie Dimon, JPMorgan Chase, Latest Chase Home Finance LAWSUITS, My Blog Posts, My Loan Dilemma | 21 Comments »

JPMorgan Chase Dropped A Notch In Government Rating

March 20, 2013

The following article is brought to you by Lance Murray at BizJournals.Com Concerns over the management of JPMorgan Chase & Co. have led to a downgrade in a confidential government scorecard, the Wall Street Journal reported. The Journal said that the downgrade was a blow to Chase, the second largest banking operation in the Dallas-Fort […]

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