The banks involved include Bank of America, Ally (formerly GMAC), JP Morgan Chase, One WestBank (formerly Indybank), Citibank, and Wells Fargo.
Together, they filed 29,000 foreclosure notices so far this year, nearly half of the 65,000 to date.
In addition, the Court is demanding that two dozen smaller lenders prove that they are on the up and up with all of their foreclosure actiions, and must provide proof to a Special Master that they did not use any shortcuts in moving people out of their homes.
In New Jersey, a lender can begin foreclosure action only after four months of a homeowner being in arrears.
House Democrat calls Trump's new tariffs 'an end-run around the Supreme Court and Congress', not an...
The board game Monopoly has always taught some important economic lessons: The benefits of owning real...
President Donald Trump took executive action on July 20 to impose a new 50% tariff on...
For his work chairing the US Federal Reserve, Alan Greenspan, who has died aged 100, was...
