JPM Enforcement Action Solidifies CFPB Negligence Standard.

Autor: Karen, Ari
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Zdroj: National Mortgage News; 7/20/2015, Vol. 39 Issue 35, p1-1, 1p
Abstrakt: The article analyses systemic failures with the latest enforcement under unfair, deceptive, or abusive acts and practices (UDAAP) against JPMorgan Chase & Co., banking company. It reveals that the allegations behind the CFPB's enforcement action against JPMorgan were related to credit card debt. It also mentions the use of robo-signers, employee of a mortgage servicing company that signs foreclosure documents, by JPMorgan to confirm the debts.
Databáze: Complementary Index
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