Articles Tagged With 'JPMorgan Chase'
Profiles: Shoddy Bank Practices Continue Even After Mortgage Mods
Many homeowners have received a mortgage modification only to find themselves once again at risk of foreclosure because of errors by their mortgage company. ProPublica investigated six of these cases.
Despite Praise From Banks, Treasury, In-House Loan Mods Provide Less Help to Homeowners
Banks’ own modifications typically reduce monthly payments by half as much as those made in the government program, making homeowners twice as likely to fall behind again after a modification.
Biggest Banks Ensnared as Foreclosure Paperwork Problem Broadens
Bank of America, Wells Fargo, and others have joined GMAC and JPMorgan under the microscope as bank regulators order major servicers to review their foreclosure procedures for robo-signing and flawed documents.
Chase Leaves Thousands Stuck in Loan Mod Limbo
Chase has the most homeowners who have spent more than six months in a trial mortgage modification.
Disorganization at Banks Causing Mistaken Foreclosures
Communication problems have caused some to lose their homes even while trying for mortgage modifications.
Other Major Banks Did Deals Similar to Goldman’s
The SEC accuses Goldman Sachs of actions similar to those of banks that dealt with the hedge fund Magnetar.
And The World’s Longest Trial Mod Is…
Some homeowners have waited nearly 10 months to learn whether their mortgage modifications will be permanent.
Homeowners Say Banks Not Following Rules for Loan Modifications
Homeowners have presented more cases where their loan modifications were denied, or their trials extended, and the reasons they
Treasury Launches Shame Offensive Against Mortgage Servicers
The administration, trying to quicken the pace of loan modifications, releases information that shows which servicers are laggin
Mortgage Aid Program Continues to Move Slowly, As Homeowners Try to Hang On
Confusion, frustration and delays mark the government's initiative to have home loans modified.
Homeowners Seeking Gov’t Loan Mods Are Fed Up
As the number of foreclosures rises, banks are struggling to keep up with demands for mortgage breaks.
