Tag Archive

PR Disaster David Lowman Just Got Fired From JPMorgan

Published on June 15, 2011 By admin

The following article is brought to you by Courtney Comstock at The Business Insider. JPMorgan has finally made an internal change in its mortgage department, after months of the firm receiving tons of negative press about their foreclosure practices. First the firm found 56,000 foreclosures its employees didn’t even read before putting the homes into […]

Foreclosures and Guilt: The “Home Loan Moral Hazard Scorecard”

Published on October 19, 2010 By admin

The following article is brought to you by consultant writer, Richard Eskow at Huffington Post. Jamie Dimon and the other mega-bankers who derailed the economy have a new PR campaign to sell you. They’re saying that families who can’t pay their mortgages must bear the blame — all the blame — for the foreclosure crisis. […]

56,000 Foreclosures in Limbo as JPMorgan Chase Reviews Documents

Published on September 30, 2010 By admin

The following article is brought to you by David Dayen at FireDogLake. As I mentioned yesterday, JPMorgan Chase, one of the nation’s largest banks, has suspended all its foreclosures in states that require judicial approval, while it reviews the foreclosure documents. We have some more information on that today. This affects a total of 56,000 […]