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Chase Consent Judgement

Chase Consent Judgement

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Published by Tiffany L. Arthur
USA, and States vs Bank of America -Consent Order -Exhibit E-1 is a 14 page table titled “Servicing Standards Quarterly Compliance Metrics.” The table details what will be monitored to make sure that the bankers are meeting the servicing standards detailed in Exhibit A.
Some opinion that the US still blesses Servicer abuse.
USA, and States vs Bank of America -Consent Order -Exhibit E-1 is a 14 page table titled “Servicing Standards Quarterly Compliance Metrics.” The table details what will be monitored to make sure that the bankers are meeting the servicing standards detailed in Exhibit A.
Some opinion that the US still blesses Servicer abuse.

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Published by: Tiffany L. Arthur on Mar 15, 2012
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08/09/2013

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 IN THE UNITED STATES DISTRICT COURTFOR THE DISTRICT OF COLUMBIAUNITED STATES OF AMERICA,
et al.
,Plaintiffs,v.BANK OF AMERICA CORP.
et al.
,Defendants.)))))))))))))))))Civil Action No. ________
CONSENT JUDGMENT
WHEREAS, Plaintiffs, the United States of America and the States of Alabama, Alaska,Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii,Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Michigan, Minnesota,Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico,New York, North Carolina, North Dakota, Ohio, Oregon, Rhode Island, South Carolina, SouthDakota, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wisconsin, Wyoming,the Commonwealths of Kentucky, Massachusetts, Pennsylvania and Virginia, and the District of Columbia filed their complaint on March 12, 2012, alleging that J.P. Morgan Chase & Companyand J.P. Morgan Chase Bank, N.A. (collectively, “Defendant”) violated, among other laws, theUnfair and Deceptive Acts and Practices laws of the Plaintiff States, the False Claims Act, the
 
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
I.JURISDICTION
 
 

II.SERVICING STANDARDS
 
III.FINANCIAL TERMS

 Payment Settlement Amounts.
    
 Payments to Foreclosed Borrowers.


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