Tag Archive

Servicers Fight Litigation Over Handling of Loans

Published on September 19, 2013 By admin

The following article is brought to you by BusinessWeek.Com Sept. 11–Courts are refusing to toss cases alleging improper mortgage payment crediting practices, and mortgage servicers continue to make amends for improper foreclosures. A new law firms is being formed to enforce borrowers’ rights. U.S. District court judge Amy St. Eve on July 29 refused to […]

JPMorgan Chase ordered to fix poor risk management

Published on March 11, 2013 By admin

The following article is brought to you by CBSNews.Com JPMorgan Chase has been ordered to take steps to correct poor risk management that led to a surprise trading loss last year of more than $6 billion. JPMorgan Chase: Bank faces major regulatory action Federal regulators are also citing the bank for lapses in control that […]