Sep
23
Q: Can a mortgage lender ask to see the interior of a home to check for the condition of the property? A: Yes, the mortgage lender may see the property’s condition to determine the value in association with the terms of the loan and the modification of the loan. Q: Are lenders required to do …
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/in-need-of-mortgage-modification-help/
Sep
23
Select a state from the map or the list below for complete state foreclosure information. Each state foreclosure page includes a summary of your state foreclosure law as well as links to other foreclosure law resources. Found this – Thought I would Share: Click on link for Foreclosure Laws http://www.foreclosurelaw.org/
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/foreclosure-laws/
Sep
23
Here is a way of understanding the process of a short sale… You find a home you love. You go to a commercial lender (or your mortgage broker) and tell them you found a house that you cannot live without – you need to borrow money to pay for your dream home. You borrow the …
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/short-sale-help/
Sep
22
NEW YORK (Reuters) – JPMorgan Chase & Co. , one of many investment banks sued for rigging initial public offerings during the bull market of the 1990′s, agreed in principle to pay $425 million to settle its portion of the case. JPMorgan (Research) spokesman Joseph Evangelisti said Thursday evening an agreement had been reached in …
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/jpmorgan-chase-settles-ipo-lawsuit/
Sep
22
J.P. Morgan Chase & Co. became the final major holdout in WorldCom investor class-action lawsuit to settle as it agreed to pay a cool $2 billion in the WorldCom settlement pot. The settlement came a day before jury selection was expected to start in the class action case against the remaining defendants in the case, …
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/jp-morgan-chase-settles-worldcom-class-action-this-has-been-going-on-for-years/
Sep
22
JPMorgan stock based on the bank?s reputation for integrity and financial discipline, when in fact the company was helping Enron, a major client, hide billions of dollars of debt. JPMorgan agreed in June 2005 to pay $2.2 billion to resolve a class-action lawsuit by former Enron investors over the energy trader?s 2001 collapse. It has …
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/jpmorgan-chase-of-helped-enron-hide-fraud/
Sep
22
(September 16, 2009) — The Federal Reserve has announced that it will begin regulating the nonbank subsidiaries of bank holding companies, including those that generate mortgages, credit cards and other consumer financial products.
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/fed-expands-its-consumer-protection-regulation/
Sep
22
(collectively “JP Morgan”). Class Action brought on behalf of persons who purchased Auction Rate Securities If you purchased or otherwise acquired auction rate securities for which JP Morgan served as a dealer between July 10, 2004 and February 13, 2008, you may, no later than September 11, 2009, request that the Court appoint you as …
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/collectively-jp-morgan-the-class-action-is-brought-on-behalf-of-persons-who-purchased-auction-rate-securities/
Sep
22
(PRNewsChannel) / Naperville, Ill. / A class action lawsuit filed in an Illinois federal court today alleges JPMorgan Chase Bank (NYSE:JPM) engaged in fraud to deny customers access to millions of dollars in their previously approved home equity lines of credit. The bank intentionally used falsified home appraisals to freeze home credit lines, according to …
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/class-action-lawsuit-jpmorgan-chase-defrauded-customers-class-action/
Sep
22
When a lender forecloses on your home, you lose your home and all the money you have invested in it. In addition, the foreclosure goes on your credit bureau record and may affect your ability to obtain another mortgage in the future. In some states, you also can be held liable for any loss the …
Permanent link to this article: http://chasehomefinancesucks.com/2009/09/foreclosure-consequences/
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