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Chase Follows GMAC, Freezes Foreclosures. JP Morgan Chase announced a freeze on mortgage foreclosures in 23 states -including Florida-just a few days after GMAC did the same. Chase took this unusual action because it could not tell whether it had submitted false affidavits or had committed perjury before the foreclosure courts of those states.
As we pointed out last week, a certain judge in Florida set quite a precedent when he found that JPM, as servicer for a Fannie mortgage, had committed court fraud by foreclosing while not in possession of the actual mortgage.We then concluded that "The implications for the REO and foreclosures track for banks could be dire as a result of this ruling, as this could severely impact the ongoing.
In this case, Appellant Courtney D. Alsobrook appeals the district court’s grant of summary judgment dismissing her wrongful foreclosure suit against appellees gmac mortgage, L.L.C. and Executive Trustee Services, L.L.C. We affirm the district court’s judgment. United States Court of Appeals Fifth Circuit F I L E D July 31, 2013 Lyle W.
GMAC Halts All Foreclosures In 23 States On Heels Of Florida Judge Finding JPM Committed Court Fraud In Mortgage Misappropriation | zero hedge More details emerge: "As head of Ally’s foreclosure document processing team, 41-year-old Jeffrey Stephan was required to review cases to make sure the proceedings were legally justified and the.
If the bank uses robo-signed documents in your foreclosure, this might create an. The media and courts slammed the mortgage servicing industry for using false. JPMorgan Chase, Wells Fargo, and GMAC have all testified that they signed. In these states, to challenge a foreclosure based on a fraudulent affidavit you.
Kaikki alkoi tst: GMAC Halts All Foreclosures In 23 States On Heels Of Florida Judge Finding JPM Committed Court Fraud In Mortgage Misappropriation.a certain judge in Florida set quite a precedent when he found that JPM, as servicer for a Fannie mortgage, had committed court fraud by foreclosing while not in possession of the actual mortgage.