Courts in two states have enacted rules in foreclosure cases expressly aimed at the affidavits at issue and placing attorneys who proffer them for their clients at risk for sanctions in the event the affidavits are false or inaccurate. Many politicians and homeowners groups have called for a Congressional investigation into the “robo-signing” issue. The [...]
Posts Tagged ‘mortgage foreclosure’
More Business Management Tips:
Ready to Apply? Find Lenders Looking for New Deals
Business Tips & News:
Update on Foreclosure Crisis
October 28th, 2010 
davidguide 
Posted in Business Loans 
Tags: congressional investigation, Crisis, federal fraud, Foreclosure, foreclosure cases, investigation, issue, Mortgage, mortgage foreclosure, Obama, proffer, risk, Update 
Comments OffChase 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 [...]
Posted in Business Loans Tags: amp, bank, Chase, Foreclosures, Freezes, JPMorgan, jpmorgan chase, Loan, loan documents, mortgage foreclosure, sign affidavits, Some, spokesman Comments Off
