JPMorgan Chase & Co has been sued for $95 million by the trustee for securities marketed in 2005 by the former Bear Stearns Cos over alleged misrepresentations regarding the underlying mortgage loans.
US Bank NA wants to force JPMorgan to buy back the mortgage loans because of alleged breaches of representations and warranties regarding the Bear Stearns Asset Backed Securities Trust 2005-4, for which it serves as trustee.
It also said JPMorgan has refused to provide the underlying loan, as the trust documents require, so it can investigate the extent of the alleged breaches [more]
ATTENTION REALTORS & CONTRACTORS!!
If you are a Real Estate Agent, Broker, Contractors or Property Management Companies looking to establish a business relationship with Chase to handle their significant bank owned properties, the best way to get started is by sending an email to REO.VENDOR@CHASE.COM
Check out some of the other REO applications we have. Free download to Network Friends. Not a Network friend?? Enter your email below and join us.
[subscribe2]
29 comments for “More CHASE REO Coming Soon! Apply Today!”