Democracy Now: JPMorgan Chase Suspends Foreclosures


The banking giant JPMorgan Chase has suspended some 56,000 foreclosures after admitting some may have been authorized without proper review. A Chase employee testified earlier this year that she and her staffers had approved around 18,000 foreclosure affidavits and other documents without proper vetting on a monthly basis.

~ by wheresthemic on September 30, 2010.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: