Chase will give customers $1K if it fails to close a mortgage in 21 days

Chase bank reckons it can now close on mortgage applications within just three weeks, and is so confident of its claim that it’s willing to cough up $1,000 if it fails to do so. The offer is being made via Chase’s new “Closing Guarantee” program for existing customers, the Houston Chronicle reported. The program is

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A Short Rant on Ecomomic Disaster: The State of Fair Play 2013

Anyone reading this has to have been affected by the so called “Great Recession”, and most of you very negatively. Without going into history lessons or far reaching “what ifs” – suffice it to say when Wall Street crashed this time, your future was altered inextricably. Given all that, near continuous news of underhanded dealings prompts this little rant. Okay, it’s a big rant – but you don’t even want to go here.

Chase Donates 100 Foreclosed Homes to Military Veterans

At least 100 homes will be donated by the bank Chase to wounded military veterans under a new program run by Operation Homefront, a national non-profit organization that helps military families to secure emergency assistance.

The $26 Billion Foreclosure Settlement: Who Won? Who Lost?

A consortium of the Department of Justice and the Attorneys General of every state other than Oklahoma recently announced a $26 billion settlement with the five largest new mortgage and home mortgage refinance lenders to settle claims related to improper foreclosures. Although it has been hailed as a significant victory for consumers and has been compared to the landmark $206 billion 1998 tobacco settlement, the details of the agreement paint a different picture.

Investor Savings Bank now Preferred Lender to Azure

The Investor Savings Bank has joined HSBC, Chase and Wells Fargo as a preferred lender for Azure, making it even easier for buyers to purchase a property here.   Doug Maclaury, senior vice president of the Mattone Group says “From the current residents to potential buyers, the feedback we’ve received at Azure has been remarkable.

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Azure Announces Two New Preferred Lenders

Azure, which is one of the most sophisticated new residential buildings in New York, has just announced that Chase and Wells Fargo are now financing loans for buyers, joining HSBC mortgage Corporation as preferred lenders. This luxury building was developed by The Mattone Group and The DeMatteis Organizations. Doug Maclaury, Senior Vice President of The

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Big Banks Face Their Toughest Foes – Almost Everyone

Legislators are now being confronted not only by borrowers who say banks are to blame for their foreclosure situation, but investor groups who stand to regain billions. In Washington regulators stand poised to put the screws to the banking industry.

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