The U.S. Department of Justice says JPMorgan Chase will pay $50 million to 25,000 homeowners for failing to properly review payment-change notices sent to homeowners who were in bankruptcy.
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Iowa Attorney General Tom Miller, leader of a 50-state probe of foreclosure practices, said a settlement is “closer” and that state and federal officials want a monitor to ensure that banks keep their promises.Read More »
U.S. Supreme Court justices weighed the power of state authorities to investigate the practices of federally chartered banks including JPMorgan Chase & Co. and Wells Fargo & Co. Hearing arguments Tuesday in Washington, several members of the court said states ...Read More »