OCC Terminates JPMorgan and EverBank Mortgage Servicing Consent Orders

HousingWire |  January 5, 2016     The Office of the Comptroller of the Currency terminated mortgage servicing-related consent orders against JPMorgan Chase and EverBank because it determined that the institutions now comply with the orders.  

The OCC also assessed a $48 million civil money penalty against JPMorgan and a $1 million civil money penalty against EverBank.

As a result of the termination, the two banks no longer have business restrictions that were mandated back in June 2015.   Read more here