JP Morgan Chase

Two Week Foreclosure Freeze

December 15th, 2010

Fannie Mae and Freddie Mac are freezing foreclosure proceedings on homes from December 20, 2010-January 3, 2011 in an attempt to join in the holiday spirit for those who will lose their homes. What they will prevent is people being evicted from their homes during this time period, hopefully allowing families to spend one last [...]

Ally Financial Foreclosure Issues

September 30th, 2010

After a number of lawsuits have been filed, Ally Financial (formerly GMAC), one of the US's largest banks, is halting foreclosures in 23 states. Maryland is NOT one of the states. JP Morgan Chase has also been wracked with issues,with an employee coming forward, stating that she signed off on thousands of foreclosures without verifying [...]

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