Dec
26
I am thinking JPMorgan is sleeping with the feds. JPMorgan got more than $100 billion in Washington Mutual assets for 1.5 cents on the dollar. Was it really a last-minute deal or did the New York bank make detailed plans in advance? On Oct. 16, 2008, JPMorgan Chase?s communications team sat down to dinner with …
Permanent link to this article: http://chasehomefinancesucks.com/2009/12/washington-mutuals-final-days-%e2%80%94-the-deal/
Dec
01
WASHINGTON -(Dow Jones)- A J.P. Morgan Chase and Co. (JPM) executive sought assurances from a Securities and Exchange Commission official that J.P. Morgan wouldn’t be sued for Bear Stearns’s actions when his company took over the failing investment firm, according to a report from the SEC’s internal watchdog. In a semiannual report to Congress released …
Permanent link to this article: http://chasehomefinancesucks.com/2009/12/sec-watchdog-points-to-jpm-sec-talk-over-bear-buyout-sources/
Nov
26
A Long Island couple is home free after an outraged judge gave them an amazing Thanksgiving present — canceling their debt to ruthless bankers trying to toss them out on the street. Suffolk Judge Jeffrey Spinner wiped out $525,000 in mortgage payments demanded by a California bank, blasting its “harsh, repugnant, shocking and repulsive” acts. …
Permanent link to this article: http://chasehomefinancesucks.com/2009/11/judge-blasts-bad-bank-erases-525g-debt-one-for-the-home-owner-yes/
Nov
17
This Settlement resolves a class action lawsuit against JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A. (?Chase?) involving a Post Closing Fee or Post Closing Review Fee (referred to herein as ?Post Closing Fee?) charged by Chase on some mortgages it originated between September 22, 2001 and December 31, 2008. Under the Settlement, you …
Permanent link to this article: http://chasehomefinancesucks.com/2009/11/settlement-resolves-a-class-action-lawsuit-against-jpmorgan-chase-co-and-jpmorgan-chase-bank-n-a-%e2%80%9cchase%e2%80%9d/
Nov
17
Attorney Review of Forensic Loan Audits Indicates Potential Loan Fraud SACRAMENTO ? October 6th 2009 ? Based on the results of a forensic audit done by US Loan Auditors, US Legal advisors announced that it has filed a lawsuit against JP Morgan Chase on behalf of Antonio Acevedo because of our intensive forensic loan audit …
Permanent link to this article: http://chasehomefinancesucks.com/2009/11/us-loan-auditors-aids-us-legal-advisors-in-filing-legal-action-for-predatory-lending-against-jp-morg/
Nov
17
U.S. billionaire Len Blavatnik brought a lawsuit against JPMorgan Chase on Monday. According to court documents, Blavatnik`s lawyers accuse the bank of misleading an investment account, called CMMF, that held $1 billion in assets owned by Blavatnik`s industrial holding company. Besides, they blame Ted Ufferfilge, a JPMorgan banker appointed to manage the assets for Access, …
Permanent link to this article: http://chasehomefinancesucks.com/2009/11/jpmorgan-faces-a-lawsuit-for-losing-len-blavatnik%e2%80%99s-98-million/
Nov
17
Irvine, CA and New York, NY – May 7, 2009 – United Law Group, the leading provider of legal foreclosure prevention and foreclosure litigation services said it filed a complaint in the Superior Court of the State of California County of Orange Central Justice Center against JP Morgan Chase and Washington Mutual alleging that JP …
Permanent link to this article: http://chasehomefinancesucks.com/2009/11/united-law-group-files-lawsuit-against-jp-morgan-chase-and-washington-mutual/
Nov
17
Another whistleblower’s lawsuit filed against Nelnet accuses the Lincoln-based student loan company of conspiring with banking giants Citigroup and JPMorgan Chase to get as much money from federal student loan programs as they could by misleading borrowers and offering inducements that violated federal rules. Nelnet spokesman Ben Kiser called the lawsuit frivolous. “We take our …
Permanent link to this article: http://chasehomefinancesucks.com/2009/11/nelnet-citigroup-jpmorgan-chase-accused-in-lawsuit/
Nov
13
MILAN?A Milan prosecutor wants the London unit of UBS, JP Morgan Chase & Co., Deutsche Bank and Germany’s Depfa as well as 13 people to face trial for alleged fraud over the sale of derivatives from a bond issue by the city of Milan. …
Permanent link to this article: http://chasehomefinancesucks.com/2009/11/j-p-morgan-chase-co-face-milan-trial-on-derivatives-sale/
Nov
04
JPMorgan Chase & Co (NYSE:JPM) will pay more than $700 Million in order to settle SEC allegations that the bank unlawfully paid friends of public officials to win municipal bond contracts in Jefferson County, Alabama, according to an AP report. The county is dealing with $3.9 billion of debt and was pushed to the brink …
Permanent link to this article: http://chasehomefinancesucks.com/2009/11/secs-allegations/
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