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Violation Tracker Individual Record

Company: Real Time Resolutions Inc.
Penalty: $2,150,000
Year: 2018
Date: January 29, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: JPMorgan and Real Time Resolutions Inc. agreed to pay a total of $4.3 million to settle litigation alleging they improperly sent payment notices to borrowers whose mortgage liens had already been released. Court documents did not specify how much each would pay. Here we assume they each paid half of the total.
Level of Government: federal
Action Type: private litigation
Court: Southern District of California
Civil or Criminal Case: civil
Case ID: 3:15cv1666
Case Name: Terry V. JPMorgan Chase Bank, N.A. et al
Private Lawsuit Resolution Type: settlement
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.