JPMorgan Chase

JPMorgan boosts Dimon’s annual pay 3.7% to $28 million

01/19/17

JPMorgan Chase increased Chief Executive Jamie Dimon’s compensation by 3.7% for last year as the bank’s stock advanced 31%.

[more]

JPMorgan says it has settled U.S. bias suit over mortgages

01/18/17

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 with the matter said.

[more]

Lesson from 4Q: Optimism about banks is far ahead of reality

01/13/17

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.

[more]

Big banks report; Why Goldman is different

01/13/17

Big banks report; Why Goldman is different

[more]

JPMorgan’s profits soar on trading, but overall revenue up just 2%

01/13/17

JPMorgan Chase said profit rose 24% as bond-trading revenue climbed more than analysts estimated and expenses fell.

[more]

As the details

03/20/12

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 not only received a "Get Out Of Jail Free" card but are now assured that there will no jail and the cost will not hurt profits.

Quoting from the March 13, 2012 American Banker's article about the agreement

[more]

Housing for the Homeless, Inc. (in organization)

07/15/11

The other day, I responded to a comment on Twitter from a knowledgeable mortgage financing friend regarding the current housing situation

[more]

Housing for the Homeless, Inc. (in organization)

07/15/11

The other day, I responded to a comment on Twitter from a knowledgeable mortgage financing friend regarding the current housing situation

[more]