Tag: Chase

By September 20, 2013 0 Comments Read More →

Oregonian: New Ninth Circuit Decision Protects Borrowers From Loan Modification Runaround

The Oregonian recently reported on an important new decision from the Ninth Circuit, Corvello v. Wells Fargo Bank, N.A. The Ninth Circuit followed a Seventh Circuit case decided last year, which held that a borrower who fully complies with a HAMP trial period plan can sue for breach of contract if the lender fails to […]

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By August 4, 2013 0 Comments Read More →

Chase Glitch Sends Oregon Widow Into Foreclosure

Widow fights MetLife for a year to get a modification. Widow makes the first of three trial payments. MetLife transfers servicing to JPMorgan Chase. Widow makes the next two payments. Chase tells her the permanent loan modification documents are in the works and to stop making trial payments. But thanks to a “glitch” on Chase’s […]

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By March 17, 2013 0 Comments Read More →

Be Afraid: The Financial System Is At Greater Risk Than You Know

The financial system is at greater risk than we know, and that should scare us all. That is Gretchen Morgenson’s take on the shocking revelations this week that JP Morgan Chase routinely breached risk limits, hid critical information from regulators who looked the other way as the red flags piled up, and changed its pricing […]

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