Free Republic

The House Committee on Oversight and Government reform has compiled a scathing report on the Department of Justice's “Operation Choke Point” program that critics believe is aimed at “targeting industries deemed objectionable” by the Obama administration. The report, released Thursday by panel chairman Darrell Issa, R-Calif., accuses the Justice Department of abusing its authority by going after the payday lending industry and other merchants and working to put them out of business. According to the report, the Justice Department “secretly” discouraged banks from conducting business with groups deemed to be “high risk,” for triggering a federal investigation. Sign Up for...

KIM v JPMORGAN CHASE BANK, NA ..... The Court of Appeals, DONOFRIO, P.J., and STEPHENS and RONAYNE KRAUSE, JJ., reversed, concluding that because defendant was not the original mortgagee and had acquired the loan by assignment rather than by operation of law, defendant was obligated under MCL 600.3204(3) to record the assignment of plaintiffs’ mortgage to it before foreclosing by advertisement. The Court of Appeals determined that defendant’s failure to record the assignment rendered the sheriff’s sale void ab initio. 295 Mich App 200 (2012). The Supreme Court granted defendant’s application for leave to appeal. 491 Mich 915 (2012). In...

DO NOT CIRCUMVENT OUR OFFICE - ALL CORRESPONDENCE REGARDING THIS MORTGAGE SHOULD BE DIRECTED TO US. Dear Chase, We have sent HUNDREDS of pages of documentation to you since November 2010. The borrower came to us because they did the same and were ignored. We are going to try one more time to obtain a modification for our clients before we turn to the court system for relief. Your company has run rough-shot over our state's title statutes, and violated them as if they did not exist [and not only with regard to this particular property]. Unless you offer our...

SOUTHLAKE -- Chase Bank told a businessman to remove the Christmas tree he donated to a local branch because it could offend people. Antonio Morales, owner of Bellagio Day Spa in Southlake, had assembled and decorated a 9-foot-tall tree in the lobby of the Chase Bank branch at 1700 E. Southlake Boulevard as a favor to the branch manager, who is one of his clients. The tree remained in the lobby from the Monday before Thanksgiving until Tuesday. Morales said his friend called him Wednesday to tell him the tree had to go. She later showed him an e-mail from...

NOTE The following text is a quote: Masked Armed Bank Robber Arrested ATLANTA—Special Agent in Charge (SAC) Brian D. Lamkin, FBI Atlanta, in conjunction with the Atlanta Police Department, announces the arrest of the following individual, responsible for September 9, 2010 robbery of the Chase Bank, located at 3330 Piedmont Road, Atlanta, Georgia: Abdul Khaliq Amin, age 52, was arrested after an FBI SWAT entry was made at a Decatur, Georgia residence earlier this morning. A crucial tip from a viewer of a local area television station broadcasting photographs of the robber prior to donning his robbery mask was considered...

have a Master Card issued through Chase Bank. Twice in the past week it was denied. I called today to determine why. After contacting the Customer Service Department, I was told I had a past due balance. No problem, said I, I will pay the balance online. The Customer Service Representative said that he could make the payment for me by phone. I declined his offer. I told him I would prefer to do it myself online. The Customer Service Representative repeated his offer and I repeated my refusal. I then went to make the payment online. Only to be...

Though the Federal Reserve's recent move to cut the interest rate was meant as a reprieve for the stifled economy and consumers, some people are finding their credit card rates actually increasing. Drastic jumps in interest rates have occurred even when a cardholder has had a record of paying on time, like in the case of Carita Marie Gamble. The 72-year-old grandmother, who lives on a fixed income, was shocked to see her rate jump from about 16 percent to more than 26 percent last month. "This has put me over the top financially," said Gamble, who has emphysema and...