HELOC
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Illinois Homeowner Sues Chase over HELOC Freeze
Aug 20, 2009A new form of lawsuit against mortgage lenders is evolving amid the tight credit environment. Rather than alleging lenders made misleading or predatory loans, consumers are now filing suit over lenders refusing to extend credit. A Zion, Ill. homeowner, Pascal Majon, is suing JP Morgan Chase [stock JPM][/stock] over alleged fraud to deny homeowners access to funds through their previously approved home equity lines of credit (HELOCs).
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JP Morgan, Morgan Stanley Pull Back on Mortgages
Aug 06, 2008 -
HELOC Delinquencies Rise in Q1, ABA Says
Jul 02, 2008 -
FDIC Warns Banks on HELOC Freezes, REO Management
Jul 01, 2008 -
Report: National City On ‘Probation’ With Banking Regulators
Jun 06, 2008 -
Expectation Shift: Consumer Satisfaction with HE/HELOC Origination Increases
May 29, 2008 -
WaMu Cuts $6 Billion in HELOCs
May 19, 2008 -
Focus shifts to HELOCs
May 16, 2008 -
BofA Will Likely Look to Renegotiate Countrywide Deal: Analyst
May 05, 2008 -
Countrywide Sees Losses Widen in Q1; Prime Borrowers Hit a Wall, Too
Apr 29, 2008 -
Moody’s: Rapid Amortization on HELOCs a Concern
Jan 30, 2008
