The bank allegedly used these tactics to shepherd homeowners into foreclosure, as well as in-house loan modifications. landmark settlement with regulators in 2012, following a scandal in late 2010. The foreclosure settlement scandal: It’s All About Paying Former Regulators Billions..
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Glenn and Ann Holden of Akron, Ohio, faced foreclosure from Deutsche Bank, but the company filed two different versions of the note at court,
He also issued a statement Wednesday on Bank of America restarting its foreclosure process. JPMorgan Chase and other major banks have been implicated in the robo-signing scandal.
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Two years after we last investigated the the foreclosure crisis in the most. things aren't exactly looking up-except, maybe, for the banks.
However, the recent foreclosure scandal does not just affect those who are facing foreclosure or are in the process of purchasing a recently foreclosed home; but it also greatly affects those who work within the real estate industry.
Harris Tried to Whitewash Jail Informant Scandal in California For. a notable one helped the white "foreclosure king" -. And a foreclosure complaint was filed December 2, 2008, not by JPMorgan Chase as successor but by U.S. Bank, N.A. as trustee..he3 series 2002. the holder and owner of the promissory note, (where.
Wells Fargo Admits Loan Modification Error, Wrongfully Foreclosed On Homes. who sits on the Senate Banking Committee, Wells Fargo's remediation plan.
Homeowners fight back against foreclosure, saying that the lender or servicer has no legal authority to foreclose on their home.. and the bank and mortgage company haven’t said whether they’ll.
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Even though Wells Fargo identified through internal quality assurance reviews thousands of problematic loans, the bank decided not to report them to HUD. As a result, while Wells Fargo enjoyed huge profits from its FHA loan business, the government was left holding the bag when the bad loans went bust.
NEW YORK (CNNMoney.com) — Bank stocks have been shellacked lately as investors worry about what impact the foreclosure scandal will have on the results for the nation’s largest financial institutions.
Bank of. the robo-signing scandal rocked the company, the same investigator who helped uncover the scandal, Lisa Epstein, is looking into discrepancies in payments to mortgage bondholders. Homes.