GMAC, JPMorgan Chase, Bank of America and now Litton Loan Servicing have suspended the mortgage foreclosure process in countless states, Bank of America now extending its freeze nationwide. Attorney generals in various states, as well as lawyers working on class action suits, are alleging countless details of possible mortgage fraud including faked Social Security numbers, […]
Read More...Posts Tagged ‘JPMorgan’
Bank of America Extends Foreclosure Freeze Nationwide
Monday, October 11th, 2010 | Comments Off on Bank of America Extends Foreclosure Freeze Nationwide
JPMorgan Suspends Foreclosures
Monday, October 4th, 2010 | Comments Off on JPMorgan Suspends Foreclosures
JPMorgan, one of the largest US mortgage servicers, is suspending over 50,000 home loan foreclosures across 23 states while it determines whether its employees have processed the the paperwork properly. The company is asking courts to delay foreclosure judgements while the bank reviews and possibly resubmits its statements. The impending review may take several weeks. […]
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