Feds Hammer JPMorgan in $13 Billion Settlement – Courthouse …
Courthouse News Service. Tuesday, November 19, 2013Last Update: 1:10 PM PT … It had been just over 13 months ago when President Barack Obama's then-new mortgage fraud task force set its sights on the...
View ArticleJPMorgan reaches record $13B settlement in mortgage …– NBC News
Video: The largest bank in America, JP Morgan Chase, has agreed to pay $13 billion to settle government claims over the bank's conduct that led up to the housing crisis and financial meltdown in 2008....
View ArticleJPMorgan, U.S. government finalizes deal | Metro – Metro News
“JPMorgan was not the only financial institution during this period to knowingly bundle toxic loans and sell them to unsuspecting investors, but that is no excuse for the firm's behaviour.” The...
View ArticleJPMorgan, US government reach $13 billion settlement – Investment …
Settlement resolves claims arising out of the sale and of residential mortgage -backed securities. .. See the original post: JPMorgan, US government reach $13 billion settlement – Investment …
View ArticleJPMorgan Finally Settles With The Justice Department …– Daily News
The settlement includes $4 billion in aid to consumers, including lowering mortgage principal, modifying loans to make them easier to repay, originated new loans in some areas, and reducing blight in...
View ArticleJPMorgan Reaches Record $13 Billion MBS Accord With DOJ …
“JPMorgan was not the only financial institution during this period to knowingly bundle toxic loans and sell them to unsuspecting investors, but that is no excuse for the firm's behavior. The size and...
View ArticleJPMorgan Chase to pay record $13 billion for actions in US financial
By Stuart Pfeifer Los Angeles Times JPMorgan Chase & Co. will pay a record $13 billion to resolve allegations that it sold faulty mortgage investments that fueled the 2008 financial crisis, Justice...
View ArticleJPMorgan Reaches Record $13B Deal with Gov't | Realtor Magazine
Daily Real Estate News | Wednesday, November 20, 2013. Read the rest here: JPMorgan Reaches Record $13B Deal with Gov't | Realtor Magazine
View ArticleJPMorgan Agrees To Pay Billions For Causing Financial Crisis
Yesterday the Justice Department announced a $13 billion settlement with JPMorgan over the megabank’s fraud in the mortgage backed security market that helped trigger a financial meltdown in 2008. The...
View ArticleMortgage News: Will JPMorgan settlement will hurt efforts to privatize
“Washington has a public policy goal of reducing the role that the government plays in the housing- finance market, and at the same time we now have a series of settlements where no investors were at...
View ArticleJPMorgan May Face Criminal Action For Madoff Deals
Bernie Madoff JPMorgan has avoided prosecution for committing fraud in the mortgage security markets (that led to the 2008 crash), lying to regulators, defrauding homeowners, and on and on. More:...
View ArticleJamie Dimon Says Government Has Been Unfair To JPMorgan
Not soon after JPMorgan settled yet another case involved screwing homeowners , JPMorgan CEO Jamie Dimon decided to publicly lament his “unfair” treatment by the government. Dimon said that “I think a...
View ArticleJPMorgan To Give Jamie Dimon Pay Raise To $20 Million A Year
Whoever said crime doesn’t pay looks pretty stupid right about now. After closing out a year where the company was forced to put aside $20 billion for criminal fines, one of JPMorgan’s first acts in...
View ArticleShort Sale Survivors Can Get a Mortgage and 5 VA Loan Myths …
Short-Sale Survivors Can Get a Mortgage, 5 Things You Don't Know About VA Loans , and What's the Good News for Homebuyers? Original post: Short Sale Survivors Can Get a Mortgage and 5 VA Loan Myths …
View ArticlePublic Interest Group Sues Justice Department Over JPMorgan Settlement
As a high ranking JPMorgan official is being forced to step down from a CFTC advisory board it is being reported that Better Markets, a public interest group, is suing the Justice Department over its...
View ArticleInvestors buy non-performing loans to foreclose and obtain rental …
Desperate for more homes to add to their portfolios, investors turn to lenders to buy the non-performing loans on their books so these investors can foreclose on the delinquent borrower and obtain a...
View ArticleChina Corruption Reporting Becoming Impossible; JPMorgan Banker In China...
As the world watches Ukraine, the US establishment press pumps out pieces on the horrors of contemporary Russia. Meanwhile, the perilous situation for press freedom in China degenerates further. View...
View ArticleU.S. Said to Ask BofA for More Than $13 Billion …– The News Buzz
U.S. prosecutors are seeking more than $13 billion from Bank of America Corp. to resolve federal and state investigations of the lender's sale of bonds backed by home loans in the run-up to the 2008...
View ArticleGreen Tree fails 8 servicing compliance tests | 2014-05-14 …
The mortgage servicing activities of Bank of America (BAC), JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC), and Ocwen Financial (OCN) and Green Tree Servicing (the two companies that purchased...
View ArticleJPMorgan begins to provide consumer help under $13 billion …
The Latest Business, Investment and Financial News . Menu. Link: JPMorgan begins to provide consumer help under $13 billion …
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