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This revelation led to increased scrutiny of foreclosure documentation. The practice was apparently common in the mortgage industry. In the weeks following the robo-signing revelation, other large banks came under fire for employing robo-signers as well, including JPMorgan Chase and Bank of America. [14]
The massive foreclosure machine that revved up to accommodate the huge backlog of mortgage defaults once again is coming to a screeching halt. JPMorgan Chase, one of the nation's largest mortgage ...
Cases of homeowners struggling against their banks to fend off foreclosure are a dime a dozen these days. But Michelle Hansen of Aurora, Colo., is upping the ante against JPMorgan Chase, which she ...
A JPMorgan Chase employee testified in a deposition that she was one of eight managers who combined to sign some 18,000 documents a month without the personal knowledge the documents claimed they ...
Philadelphia's stabilization program picked up steam through working with the Stabilization Trust by getting increased access to Chase bank properties. [11] In the U.S. Banker article, Nickerson is quoted as saying, "We have working relationships with all the big players – Bank of America , Wells Fargo , Chase , Citi , Fannie , Freddie , GMAC ...
Retail and mortgage bank £ 1.26 × 10 ^ 9 [11] August 26, 2008: Roskilde Bank: Danmarks Nationalbank (Danish Central Bank) Retail bank $ 896,800,000 (kr4,500,000,000) [12] September 5, 2008: Silver State Bank: Federal Deposit Insurance Corporation: Commercial bank [13] September 7, 2008: Fannie Mae and Freddie Mac: Federal Housing Finance ...