Posts Tagged ‘JPMorgan’

JPMorgan, BofA Strain for Qualified Staff to Clear Foreclosures – San Francisco Chronicle

Bloomberg JPMorgan, BofA Strain for Qualified Staff to Clear ForeclosuresSan Francisco Chronicle27 (Bloomberg) — JPMorgan Chase & Co. and Bank of America Corp. told regulators they were straining last year to hire and retain enough qualified people who could clear a backlog of foreclosure complaints. JPMorgan, the largest US bank by assets, …Next wave of [...]

BofA, JPMorgan, UBS, Foreclosure Deal, Goldman in Court News – BusinessWeek

Los Angeles Times BofA, JPMorgan, UBS, Foreclosure Deal, Goldman in Court NewsBusinessWeek6 (Bloomberg) — Bank of America Corp., Wells Fargo & Co. and JPMorgan Chase & Co. were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosures.2008 deal may hinder California's [...]

JPMorgan is the sole company cited as needing ‘substantial improvement’ in … – Washington Post

USA Today JPMorgan is the sole company cited as needing 'substantial improvement' in …Washington PostWASHINGTON — JPMorgan Chase & Co., one of the nation's largest mortgage lenders, is not doing enough to help Americans avoid foreclosures, the Obama administration said. The Treasury Department said Wednesday that JPMorgan Chase is still doing a poor …JPMorgan must [...]

BofA, JPMorgan to Submit Foreclosure Plans Next Week – Bloomberg

Los Angeles Times BofA, JPMorgan to Submit Foreclosure Plans Next WeekBloombergThe Office of the Comptroller of the Currency accused eight banks and two service providers of “unsafe and unsound” practices in their mortgage servicing and foreclosure practices. Remediation plans are due to the OCC next week. …Mortgage ForeclosuresThe LedgerBacking Off the $60 Billion Mortgage SettlementWall [...]

BofA, Citigroup, JPMorgan Must Submit Foreclosure Plans to US Next Week – Bloomberg

BofA, Citigroup, JPMorgan Must Submit Foreclosure Plans to US Next WeekBloombergThe Office of the Comptroller of the Currency accused eight banks and two service providers of “unsafe and unsound” practices in their mortgage servicing and foreclosure practices. Remediation plans are due to the OCC next week. …and more » View full post on foreclosures – Google [...]

JPMorgan, BofA Among Banks Said to Be Near $20 Billion Foreclosure Accord – Bloomberg

Globe and Mail JPMorgan, BofA Among Banks Said to Be Near $20 Billion Foreclosure AccordBloombergAttorneys general from all 50 states announced an investigation last year following claims of faulty foreclosure practices by banks. Photographer: Mark Ralston/AFP/Getty Images JPMorgan Chase & Co. …Report: Bank of America among banks nearing $20 billion foreclosure accordCharlotte Business Journal (blog)Primary [...]

JPMorgan, BofA Said to Near Foreclosure Deal – Bloomberg

JPMorgan, BofA Said to Near Foreclosure DealBloombergAttorneys general from all 50 states announced an investigation last year following claims of faulty foreclosure practices by banks. Photographer: Mark Ralston/AFP/Getty Images JPMorgan Chase & Co. …JPMorgan, BofA Said to Near Foreclosure Deal With U.S., StatesSan Francisco Chronicleall 15 news articles » View full post on foreclosures – Google [...]

JPMorgan Ousts Mortgage Chief David Lowman After Lapses Over Foreclosures – Bloomberg

TheStreet.com JPMorgan Ousts Mortgage Chief David Lowman After Lapses Over ForeclosuresBloombergBank of America agreed last month to pay $20 million to settle a lawsuit alleging improper foreclosure on about 160 members of the military between January 2006 and May 2009, the US Justice Department said in a May 26 statement. …JPMorgan dismisses mortgage head David [...]

BofA, JPMorgan Penalized by U.S. for Failing to Act on Home Foreclosures – Bloomberg

Central Florida News 13 BofA, JPMorgan Penalized by U.S. for Failing to Act on Home ForeclosuresBloombergThe US Treasury Department will withhold financial incentives from three of the largest mortgage servicers after they failed to take required steps to prevent foreclosures under an Obama …Foreclosure Fraud Price Tag: $20 BillionHuffington PostObama Cuts Off JPMorgan, BofA And [...]

Foreclosure Deal, MBIA-Morgan Stanley, Google, JPMorgan in Court News – Bloomberg

Foreclosure Deal, MBIA-Morgan Stanley, Google, JPMorgan in Court NewsBloombergUS banks and state attorneys general, seeking to avoid $17 billion in court claims over faulty foreclosures, are discussing a settlement framework that may let firms choose from a menu of options for …and more » View full post on foreclosures – Google News