Allegations of Fraud Continue to Surround JP Morgan Chase’s Foreclosure Processes
The bank is alleged to have improperly indorsed and assigned mortgage notes in order to foreclose Roseville, CA (PRWEB) December 05, 2011 Chase is one of the major banks that announced a suspension of its foreclosure efforts in the fall of 2010 amid revelations of industry-wide mortgage document fraud according to media reports at the time. In the rush to process hundreds of thousands of foreclosures, Chase allegedly employed people to supply the necessary signatures for the documents that allowed the foreclosures to go forward. This practice, common among the major banks, came to be know
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