Investigation and pending class action against Chase Manhattan Mortgage Corp. The investigation centers around Chase's alleged participation in a scheme to defrauded consumers into purchasing overpriced homes in the Poconos Mountains. The case involves issues of overvalued houses, fraud in the inducement, and Chase Manhattan Mortgage Corporation's failure to comply with internal and industry guidelines for mortgage lending.
Name (Stock Symbol)
Chase Manhattan Bank
Chase Manhattan Bank is now known is Chase. It is the consumer and commercial banking division of JPMorgan Chase & Co.
The information provided on ClassAdvocate.com is general in nature,
does not apply to any particular factual situation, and is not and
should not be taken as legal or other professional advice. We make no
commitment or warranty that the factual, legal or any other information
on ClassAdvocate.com, or on any linked website, is accurate, complete,
error-free, or current. As such, you should not rely on such information,
and should seek professional advice if and as you determine appropriate.
ClassAdvocate.com is not a lawyer referral service, and no attorney-client
or confidential relationship is or should be formed by use of the site.
The investigations listed on ClassAdvocate.com are attorney advertisements
and do not in any way constitute a referral or endorsement by ClassAdvocate.com
or any approved or authorized lawyer referral service.