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JPMorgan Chase (Chase Home Finance) and Bank of America Proposed Class Actions
I have filed class actions on behalf of Texas home equity borrowers against both JPMorgan Chase Bank, N.A., successor to Chase Home Finance, and also Bank of America, N.A..
These class actions are identical to the Nationstar class action. They involve the claim that JPMC changed Texas home equity loans into interest-only and balloon-note loans, which the Texas Constitution forbids.
The Chase complaint as filed in the U.S. District Court for the Western District of Texas is here.
The Bank of America complaint as filed in the U.S. District Court for the Southern District of Texas is here.Content may continue . . .
These class actions are identical to the Nationstar class action. They involve the claim that JPMC changed Texas home equity loans into interest-only and balloon-note loans, which the Texas Constitution forbids.
The Chase complaint as filed in the U.S. District Court for the Western District of Texas is here.
The Bank of America complaint as filed in the U.S. District Court for the Southern District of Texas is here.Content may continue . . .
About the Pennington v. Wells Fargo Class Action
Oct 03 2011 12:10 Filed in: Wells fargo | class action | texas home equity | Home equity loan modification
My Pennington v. Wells Fargo class action in federal court in Austin, Texas, concerns MODIFICATIONS TO TEXAS HOME EQUITY LOANS that MAY VIOLATE THE TEXAS CONSTITUTION in the following ways:
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- past due interest was included in a new principal amount
- the modified loan exceeded 80% of the fair market value of the home.
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