Clik here to view.
Here Are the Hickups in JPMorgan’s Agreement With the DOJ
An agreement between JPMorgan Chase (NYSE:JPM) and the U.S. Department of Justice would have the bank paying a record $13 billion to end discussion of civil claims. Till Friday, the agreement was...
View ArticleClik here to view.
Did JPMorgan Hit Bottom With This $5.1B Housing Settlement?
Early reports indicated JPMorgan (NYSE:JPM) may have at least scored a minor victory in its lawsuits stemming from bad mortgages sold during the housing crisis, but the signs now point to even worse...
View ArticleClik here to view.
Here Is Why Fannie Mae Is Pointing Fingers At Major Banks
Fannie Mae is pointing fingers every which way — suing nine big banks over what it sees as dishonest handling of the London interbank offered rate. Fannie Mae claims that this resulted in the loss of...
View ArticleClik here to view.
What Does JPMorgan’s Settlement Mean for Other Banks?
The Federal Housing Finance Agency has been locked in a battle with JPMorgan Chase & Co. (NYSE:JPM) over sales of mortgage investments made just before the financial crisis, and 13 other banks are...
View ArticleClik here to view.
Here Is One Bullet Bank of America Dodged
Investors in Bank of America Corp. (NYSE:BAC) were undoubtedly disappointed by a judge ruling this week, which disallowed them from continuing a lawsuit against the bank — claiming that it should have...
View ArticleClik here to view.
Are Home Prices Finally Slowing Their Rapid Ascent?
Home prices in the United States continued to rise in September and the third quarter, but lower home affordability should not be overlooked, as the gains in price appreciation appear to be slowing....
View ArticleClik here to view.
The Housing Market Is Still Trying to Break This Downtrend
Applications for home loans declined for the fourth consecutive week as interest rates continue to rise and add to housing affordability concerns. According to the Mortgage Bankers Association’s...
View ArticleClik here to view.
Are Higher Mortgage Fees Coming?
Unfortunately for those in the housing market this spring, things are about to get a bit more expensive if your credit score isn’t as shiny and bright as one could hope — the same goes for those...
View ArticleClik here to view.
FBI Says BofA Traders Employed ‘Unsophisticated Tradecraft’
In the fourth-quarter of 2014, Bank of America (NYSE:BAC) exceeded expectations. For the past five years, the bank’s mission has been recovering from its mortgage problems, strengthening capital...
View ArticleClik here to view.
Bank of America Is Back in Business: Raising Dividend and Paying Up
Bank of America (NYSE:BAC) shareholders were given a solid indication that the institution’s financial position has appreciably solidified on Thursday: The lender will be increasing its dividend for...
View Article
