JPMorgan Can't Escape Botched Loan Mod Advice Claims

Law360, New York (November 5, 2012, 5:30 PM EST) -- A Virginia federal judge refused Monday to pare a suit accusing JPMorgan Chase Bank NA of botching a homeowner's loan modification request, saying there's evidence the mortgage servicer flouted contract terms and committed defamation by disseminating bogus information about late payments.

In denying a motion to dismiss several counts, U.S. District Judge Henry E. Hudson rejected JPMorgan's argument that it had no legal duty to provide Michelle Bourdelais with a modification, saying the bank was expected under a deed of trust to deal with her in...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Bourdelais v. JP Morgan Chase & Co.


Case Number

3:10-cv-00670

Court

Virginia Eastern

Nature of Suit

Consumer Credit

Judge

Henry E. Hudson

Date Filed

September 21, 2010

Law Firms

Companies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.