by | Oct 12, 2010 | Towing
JPMorgan Chase (JPM) is widening its review of foreclosure documents, CNNMoney said.
The bank is already reviewing 56,000 foreclosure documents in 23 states that need a judge to sign off on a foreclosure. Now, JPMorgan is expanding the review to states that don’t require a judge’s approval, CNNMoney said without naming its sources.
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Banks have come under intense scrutiny as evidence…
Continue reading JPMorgan Chase Expands Foreclosure Review
JPMorgan Chase Expands Foreclosure Review originally appeared on DailyFinance on Tue, 12 Oct 2010 07:15:00.
Filed Under: Company News, Economy, JP Morgan Chase, Real Estate, Credit
by | Oct 11, 2010 | Towing
Attorneys general in dozens of states plan to launch a joint probe into charges that banks used bogus paperwork to evict borrowers from their homes.
The investigation will go after charges that lenders including GMAC, JPMorgan Chase (JPM) and Bank of America (BAC) forged documents and faked social security numbers in order to foreclose on homes, The New York Post said.
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Continue reading Attorneys General May Launch Foreclosure Investigation
Attorneys General May Launch Foreclosure Investigation originally appeared on DailyFinance on Mon, 11 Oct 2010 07:35:00.
Filed Under: Company News, Economy, JP Morgan Chase, Bank of America, Real Estate, Taxes, Credit
by | Oct 10, 2010 | Towing
These are among the big-name companies posting third-quarter results this week. Analysts are looking for increased profit growth from all of them. Also on tap: Producer prices, consumer sentiment and consumer prices.
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by | Oct 7, 2010 | Towing
A bill that would make it more difficult to challenge the legality of documents related to foreclosures has passed Congress and is awaiting President Barack Obama’s signature.
The bill was passed through Congress with minimal debate, Reuters reported…
by | Oct 6, 2010 | Towing
The state’s House Democratic delegation has asked the Justice Department, the Fed and Controller of the Currency to investigate the widespread — and growing — problem of faulty bank documents in foreclosure cases. One agency …
