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JPMorgan Chase Fined, Again, for Defective Foreclosures

JPMorgan Chase is back in the news for failing to comply with a government foreclosure settlement. It is being fined $48 million. Back in 2013, banking giant Chase paid $2 billion to settle claims related to illegal foreclosures that it had conducted on millions of homeowners,...

CFPB Acts to Stop Robo-signed Chase Credit Card Documents

The federal Consumer Financial Protection Bureau entered into a settlement with JPMorgan Chase for robo-signing of affidavits filed by Chase in debt-collection lawsuits. The investigation into Chase’s collection practices stems from public revelations about robo-signing by a Chase whistleblower a few years ago. Chase signed affidavits...

Homeowners Say Goodbye to Ocwen, Hello to Chase

Approximately 266,000 mortgages worth $45 billion are being transferred from Ocwen to Chase in a recent sale, according to news releases. As a result, many homeowners whose loans were previously serviced by Ocwen will soon be getting notices that their payments should be sent to...

Culik Law files lawsuits against Chase, Wells Fargo, Fannie Mae

Culik Law recently filed new lawsuits against major banks and financial institutes, including Chase, Wells Fargo, and Fannie Mae, related to unfair business practices arising out of homeowners’ attempts to obtain loan modifications under programs such as the Home Affordable Modification Program (HAMP). The lawsuits allege...