Legal News

Chase-WaMu to provide mortgage relief, help 400,000 avoid foreclosure
JPMorgan Chase, WaMu?s new owner, today announced a new loan modification program for borrowers with JPMorgan Chase, WaMu and EMC loans. ...

JPMorgan Chase Executive Admits that Bailout Will Be Used Not To Make New Loans But to Buy Other Companies
For those who opposed the massive bailout, a report in the New York Times may be little surprise.  A reporter was able to get into a telephone conference call with JPMorgan Chase to hear executives discuss the $25 billion it received from Congress...

Protests of JPM Chase on Wall St, of Predatory Loans and Mining, Laissez Faire
" Of the Big Four American bank, JPMorgan Chase has perhaps benefited more than any other from the financial meltdown. While having securitized many and made some of the most predatory mortgage loans, it was given Bear Stearns, and then Washington Mutual on the cheap...

David Lowman: Chases Head Mortgage Man Mobbed by Angry Homeowners
The JPMorgan Chase & Co executive was at a congressional hearing in Washington when a lawmaker asked him who mortgage borrowers could turn to if they felt his bank’s employees were not helping them hold onto their homes...

JPMorgan Chase approves $6.4 billion in loans, credit in Texas
"JPMorgan Chase extended more than 300,000 new loans and lines of credit totaling almost $6.4 billion to individuals and businesses throughout Texas during the first quarter of this year...

JP Morgan To Modify Troubled Securitized Mortgage Loans; Doesn't Believe Actions Will Violate Investor Agreements
In New York City, Reuters reports: JPMorgan Chase & Co., the second-largest U.S. bank by assets, on Friday said it will boost home foreclosure prevention efforts by modifying loans tied up in securitizations, in addition to the loans it owns...

Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification

Home Mortgages
What to look for

National City Mortgage
$4.6 million payout resolves mortgage suit.

SunTrust Mortgage Faces Class Action over Alleged HAMP Breach of Contract
SunTrust Mortgage Faces Class Action over Mortgage Restructuring

KeyBank USA
alleging the bank offered loans for fraudulent vocational schools.

Amazon
Teen Sues over Lost Homework

Exploding iPod Touch
Mother of Injured Boy Sues Apple

Chase Bank
Faces Class Action over Credit Card Rates