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Update: Mortgage Servicer Foreclosure Review Process

I was the first to report on December 6 the irony of Deloitte having been selected by, of all banks, JP Morgan Chase. The high likelihood of a conflict between the bank and the audit firm, and possibly the individual Deloitte partners assigned to the JP Morgan Chase review, should have been obvious to anyone at the OCC. It turns out I was right.

Mortgage Bankers And The Futures Industry – Two Big Conferences In Chicago This Week

I’m working a double shift this week covering two important conferences in Chicago.

The 27th Annual Futures Industry Association Futures and Options Expo starts Monday night and runs through Thursday at the Hilton on South Michigan Avenue. I’m really looking forward to the networking sessions, courtesy of my media pass under Forbes.com. Also in town this week is the Mortgage Bankers Association Annual Conference. This promises to be very interesting, especially in light of my new assignment as a columnist for American Banker.