JPMorgan Chase earns $5.4B in Q1, beats Street Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 05:14
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JPMorgan Chase earns $5.4B in Q1, beats Street
Posted by mortgage 36 days ago (Editorial)
Citi Raises $1.9B From Sale of Indian Mortgage Lender
Posted by mortgage 88 days ago (Editorial)
Citigroup raised $1.9 billion from the sale of Indias giant mortgage lender, slightly less than its best hopes, but a significant piece of new capital.
How Will the $26B Bank Settlement Help L.A.?
Posted by mortgage 101 days ago (Editorial)
Five of the nation?s largest banks agreed to a $26 billion settlement to retroactively reimburse homeowners affected by the mortgage crisis. California will get $18 billion of those funds, but real estate...
Bad Home Loans Top $72B for Banks
Posted by mortgage 103 days ago (Editorial)
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry?s practices.
Bad home loans top $72B in ?colossal failure?
Posted by mortgage 103 days ago (Editorial)
WASHINGTON - Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry?s practices.
Nomi Prins: How Many Regulators Does It Take to Screw Investors Out of $1.2B?
Posted by mortgage 153 days ago (Editorial)
Follow Yahoo!'s The Daily Ticker on Facebook here! Three-plus years since the subprime mortgage crisis -- aided and abetted by Fannie Mae and Freddie Mac -- triggered the collapse of Lehman and bailouts of the big banks and AIG, scant little progress has been made to safeguard the markets, investors or the economy. To add [...]
Economix Blog: Casey B. Mulligan: Bankers, Too, Cast a Safety Net
Posted by mortgage 174 days ago (Editorial)
As many lenders relaxed standards for borrowing, they inadvertently created a safety net for some borrowers, an economist writes.
Fed Seen Buying $545B of Home-Loan Debt: Report
Posted by mortgage 176 days ago (Editorial)
NEW YORK (TheStreet) -- The Federal Reserve is poised to start a new round of stimulus, Bloomberg reported, citing the biggest bond dealers in the U.S. The Fed will inject more money into the economy next quarter by purchasing mortgage securities instead of Treasuries, the bond dealers said. The Fed may buy about $545 billion in home-loan debt, Bloomberg said. The Fed bought $2.3 trillion of ...
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