Category Archive: Chase Sucks – Here’s Why

The Continuing Saga

Feb
02

Way Obama Treats Banks ‘A Form of Discrimination,’ Says JP Morgan CEO

The following article & video is brought to you by FoxNews.Com Watch the latest video at video.foxbusiness.com In an interview with Fox Business, Jamie Dimon talks about President Obama’s negative generalization of Wall Street bankers. Dimon says, “I’ve disagreed right from the beginning from this blanket blame of all banks are all bad guys I …

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Permanent link to this article: http://chasehomefinancesucks.com/2012/02/way-obama-treats-banks-a-form-of-discrimination-says-jp-morgan-ceo/

Feb
02

Home prices drop, consumers turn gloomier

The following article is brought to you by Leah Schnurr at Reuters.Com Home prices fell more steeply than expected in November, and consumers turned less optimistic in January, highlighting the hurdles still facing the bumpy economic recovery. After accelerating at its fastest pace in 1-1/2 years at the end of 2011, the U.S. economy is …

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Permanent link to this article: http://chasehomefinancesucks.com/2012/02/home-prices-drop-consumers-turn-gloomier/

Feb
02

Homeowner assistance program is expanded

The following article is brought to you by UTSanDiego.Com The Obama administration, seeking to help more homeowners lower their interest rates and shed mortgage debt, will relax the rules on a federal loan-modification program and triple its incentives to banks. The revised Home Affordable Modification Program, or HAMP, also would pay Fannie Mae and Freddie …

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Permanent link to this article: http://chasehomefinancesucks.com/2012/02/homeowner-assistance-program-is-expanded/

Jan
30

No relief in rising gasoline prices as refineries shut down

“Nationally, the average is $3.429, up another 4.3 cents over the past week. That’s also 33 cents a gallon higher than last year’s record for the date.”

Permanent link to this article: http://chasehomefinancesucks.com/2012/01/no-relief-in-rising-gasoline-prices-as-refineries-shut-down/

Jan
30

Suits challenge way foreclosures are performed in Missouri

“Challenges are underway in several states, and judges have gone both ways on the issue. For instance, the California Supreme Court upheld the MERS system, and the U.S. Supreme Court declined to review it. But last August, a judge in Massachusetts let a woman keep her home, after Deutsche Bank tried to foreclose. MERS, not …

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Permanent link to this article: http://chasehomefinancesucks.com/2012/01/suits-challenge-way-foreclosures-are-performed-in-missouri/

Jan
30

"Jive Talkin" – Kunstler

“The topper for me, though, was the President’s cheeky announcement that he’d ordered the Department of Justice to form a “special unit” to investigate mortgage fraud and other lethal irregularities in the banking sector. The fact that his congressional audience did not bust out laughing shows what a convocation of craven and perfidious cat’s paws …

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Permanent link to this article: http://chasehomefinancesucks.com/2012/01/jive-talkin-kunstler/

Jan
30

Geopolitical stakes in Nigeria: Curious role of the IMF

“As Nigeria spirals into instability, historian and economic researcher Frederick William Engdahl argues a recent government decision to lift subsidies on imported fuel in the oil-rich nation bears the mark of Washington Consensus shock therapy.”

Permanent link to this article: http://chasehomefinancesucks.com/2012/01/geopolitical-stakes-in-nigeria-curious-role-of-the-imf/

Jan
30

MF Global Said ‘Never Been Stronger’ a Week Before Failure

“A week before MF Global Holdings Ltd. (MF) collapsed, its chief financial officer told Standard & Poor’s in an e-mail that the futures broker had “never been stronger.””

Permanent link to this article: http://chasehomefinancesucks.com/2012/01/mf-global-said-never-been-stronger-a-week-before-failure/

Jan
30

Canada’s Subprime Crisis Seen With U.S.-Styled Loans: Mortgages

“Canadian lenders are loosening standards, offering mortgages similar to U.S. subprime loans that pose an “emerging risk” to financial institutions, according to the country’s banking regulator.”

Permanent link to this article: http://chasehomefinancesucks.com/2012/01/canadas-subprime-crisis-seen-with-u-s-styled-loans-mortgages/

Jan
30

U.K. House Prices Face Further Downward Pressure as Consumers are Squeezed

“U.K. house prices were unchanged in January, according to property researcher Hometrack Ltd., which said “downward pressure” on prices will continue amid a squeeze on consumers.”

Permanent link to this article: http://chasehomefinancesucks.com/2012/01/u-k-house-prices-face-further-downward-pressure-as-consumers-are-squeezed/

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