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Tag Archives: JPMorgan Chase
The Shortcomings of the $25-Billion Foreclosure Settlement
There is a very good article in the Los Angeles Times on Wednesday, March 7, 2012, by Michael Hiltzik following-up on the $25-billion foreclosure settlement. Nearly one month after Washington unveiled the deal on Feb. 9, the specific terms of … Continue reading
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Tagged Ally, Arthur Wilmarth, Bank of America, Federal Reserve Board, George Washington University Law School, HAMP, Home Affordable Modification Program, J.P. Morgan Chase, JPMorgan Chase, Michael Hiltzik, Office of the Comptroller of the Currency, robo-signing, Treasury Department, Well Fargo
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Is the Housing Picture Getting Brighter?
I am certain everyone affected by the economic and housing crisis is feeling a little vindicated that irresponsible lenders are starting to be held accountable for their actions. The $25 billion settlement recently reached is not the end, but the … Continue reading
Short Sale Lottery?
At first, the San Leandro woman, who had fallen behind on her condo payments, thought the letter was a scam. “You could sell your home, owe nothing more on your mortgage and get $20,000,” it proclaimed in large type. “I … Continue reading