U.S. stocks erased early gains Wednesday afternoon as investors weighed JPMorgan Chase’s solid quarterly profit against the bank’s downbeat comments. View full post on Business Stories
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Chase Branches Loses FHA Approval
October 4th, 2010
davidguide JPMorgan Chase Bank, N.A., lost its origination approval agreement with the Federal Housing Administration for an office that operates within the jurisdiction of an Atlanta field office, according to the U.S. Department of Housing and Urban Development. In addition, a Chase office was terminated by HUD’s New Orleans office. A Chase spokesman declined to comment [...]
Chase Freezes Some Foreclosures
September 30th, 2010
davidguide A spokesman for JPMorgan Chase & Co. said that the bank’s Chase unit is stopping some foreclosures. He explained that the move was being made to review how employees in its mortgage-foreclosure operations sign affidavits about loan documents. In some cases, employees “may have signed affidavits about loan documents on the basis of file reviews [...]
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