Posts with tag JP Morgan Chase

Housing Recovery Update: Banks Hiring Employees to Increase Lending

In a move that's of interest to job hunters, homeowners and hopeful Americans alike, a handful of the nation's largest banks are ramping up their staff to increase lending operations, reports CNNMoney.com. Though the economic indicators -- new-home sales plummeting to a record low, wobbling home prices and high... Continue Reading »

Times Square Bomber Suspect Faces Foreclosure

The alleged Times Square car bomber, apprehended last month on suspicion of leaving a homemade bomb in his SUV, is on track to lose his Shelton, Conn., home to foreclosure. The suspect, Faisal Shahzad, 30, is in jail without bail for five felony charges. To avoid foreclosure, he is being ordered to repay $213,000 to... Continue Reading »

Latest Foreclosure Aid: Free Lawyers

Lots of government officials have promised to help homeowners facing foreclosure, but New York City is finally offering homeowners something of real value: free legal aid to help them negotiate a fair deal from their banks. "No family facing the loss of their home should be without representation," says New York City... Continue Reading »

'Foreclosure Mill' Law Firms Cash in Big on Homeowner Woes

Who loves a depressed real estate market? A certain shady brand of law firm, that's who. As countless Americans suffered the sting of mortgage foreclosure, the obscure Amherst, N.Y., law firm of Steven J. Baum, P.C., made millions in fees from the some of the nation's largest banks. Known as one of a handful of regional... Continue Reading »

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