Thursday, May 30, 2013

Fox Was in the Henhouse: Senior Treasury Official Darius Kingsley to Join Chase


This story illustrates why the country is a mess and why homeowners never get cut a break.  There ought to be a law to stop this shameful behavior. The fox has been residing in the hen house and the now crows are gathering.    Hapless homeowners have been duped by yet another Treasury official

Let's be clear:  JPMorgan Chase Bank NA, aka Chase, has destroyed homes, families and communities.  They have destroyed te health, well-being and peace of mind of countless Americans.  Shame on Chase!  Shame on Darius Kingsley.

NEW YORK, May 28, 2013 (BUSINESS WIRE) -- Chase today announced that U.S. Treasury Official Darius Kingsley will join the bank as co-General Counsel of Mortgage Banking. He will share duties with Denise DesRosiers, who has been with the bank's mortgage business for 21 years and most recently served as Deputy General Counsel of Mortgage Banking. 

Kingsley has been the Chief of the Homeownership Preservation Office at Treasury since 2011, after serving as Deputy Chief. Before that, he was Senior Counsel for the Office of Financial Stability for two years. The Homeownership Preservation Office oversees the federal government's Making Home Affordable Program, including HAMP and HARP. 

"Darius' experience will be invaluable as we continue to invest in the mortgage business and focus on strengthening our regulatory and compliance framework," said Matthew Biben, General Counsel of Chase Community and Consumer Banking, "Darius and Denise will both play valuable roles in providing strategic and transactional legal support for the Mortgage Banking business." 

"I have watched and respected Chase's leadership in helping Americans through these difficult years," said Kingsley, who has worked in private practice and government service for 17 years. "As the housing market recovers, I'm excited to be at Chase as we help Americans achieve and sustain homeownership."

Senior Treasury Official Darius Kingsley to Join Chase As co-General Counsel of Mortgage - MarketWatch

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