JPMorgan boosts Dimon’s annual pay 3.7% to $28 million
JPMorgan Chase increased Chief Executive Jamie Dimon’s compensation by 3.7% for last year as the bank’s stock advanced 31%. ... Read full article
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JPMorgan says it has settled U.S. bias suit over mortgages
JPMorgan Chase & Co. agreed to pay $55 million to settle U.S. allegations of racial discrimination in home loans through mortgage brokers, leading black and Hispanic borrowers to pay higher interest rates and fees from 2006 to 2009, a person familiar ... Read full article
Lesson from 4Q: Optimism about banks is far ahead of reality
JPMorgan Chase, Bank of America and PNC reported lackluster revenue growth as higher trading fees and increases in commercial lending barely compensated for consumer-side challenges. ... Read full article
Big banks report; Why Goldman is different
Big banks report; Why Goldman is different ... Read full article
JPMorgan’s profits soar on trading, but overall revenue up just 2%
JPMorgan Chase said profit rose 24% as bond-trading revenue climbed more than analysts estimated and expenses fell. ... Read full article
Mortgage Settlement - Banks Get "Free Pass"
California Homeowner Bill Of Rights: Impact Practice Of Dual Tracking!
As the details
As the details of the Mortgage Settlement Agreement, the deal between 49 of 50 states and the U.S. on one side, and BanK of America, Wells Fargo, CitiBank, Ally Financial, and JP Morgan/Chase on the other, become analyzed, it a HUGE win for the Banks. The ... Read full article
Bigger & Fewer: "Banks" Rule
Banks, Foreclosures, and Deceit
In his article, in the Tuesday November 15 th edition of the New York Times, about foreclosures, David Streitfield discloses t ... Read full article
Housing for the Homeless, Inc. (in organization)
The other day, I responded to a comment on Twitter from a knowledgeable mortgage financing friend regarding the current housing situation ... Read full article
Housing for the Homeless, Inc. (in organization)
The other day, I responded to a comment on Twitter from a knowledgeable mortgage financing friend regarding the current housing situation ... Read full article
Bigger & Fewer: "Banks" Rule
Banks, Foreclosures, and Deceit
In his article, in the Tuesday November 15 th edition of the New York Times, about foreclosures, David Streitfield discloses t ... Read full article
Never Mind Who's On First; Where Is First?
In the on-going saga of the Making Home Affordable Program, which spawned HAMP and HARP, no less a giant in news than the New York Times, carried what seems to be directly contradictory information about the program's success/failure. ... Read full article
Recession In Real Life
Has anybody stopped to look at real people , and not just to discuss economic theory. ... Read full article