Mortgage loan subservicer promotes six from within, including Rene Gonzales to Chief Technology Officer.
Read More »Jamie Dimon: We’re Getting a ‘Bad Recession’
The JPMorgan Chase CEO expects the coronavirus crisis to include elements of financial strain similar to the 2008 downturn. Here's how the bank is weathering the crisis.
Read More »Wells Fargo, JPMorgan Announce Q4 Results
Wells Fargo's Q4 results included comments from the bank's new CEO and President Charlie Scharf, who took the position in September.
Read More »JPMorgan Reshapes Executive Team
With Jennifer Piepszak taking over as JPMorgan's CFO and Marianne Lake stepping in as CEO of the bank's Consumer Lending Business, how will these changes impact the bank's plan of succession?
Read More »Wells Fargo, JPMorgan Chase Weigh In on Bank Performance
With both banks "exceeding expectations" in Q1, Wells Fargo and JPMorgan's CEOs discuss what led to Q1's growth across mortgage lending and more.
Read More »JPMorgan Raising Wages After Passage of Tax Reform
While the long-term impacts of the tax reform bill passed by Congress and signed into law by President Trump remain to be seen, at least one major corporation is investing some of their tax windfall into continuing growth. According to ...
Read More »Sentencing Date Set for Former JPMorgan Loan Officer
Former senior loan officer at JPMorgan Chase & Co. admitted to a $33 million mortgage fraud scheme recently. A Florida federal judge accepted the plea and set the sentencing date for August 17. In exchange for shorter sentencing and other charges to be dropped, the $33 million will be paid in restitution.
Read More »JPMorgan Q3 Earnings Increase 22 Percent Year-Over-Year
JPMorgan Chase, one of the nations largest lenders, announced that their 2015 third quarter net income reached $6.8 billion, or $1.68 a share, up 22 percent year-over-year, according to the bank's earnings statement released Tuesday.
Read More »JPMorgan Negotiates $4.5 Billion Settlement with Mortgage Trustees
In an effort to resolve claims against JPMorgan over alleged misrepresentations related to money-losing mortgage bonds, trustees agreed on Friday to accept the bank’s $4.5 billion settlement offer on behalf of the great majority of trusts that owned mortgage-backed securities issued by the bank.
Read More »House Oversight Committee Wants Securities Settlement Documents
The ongoing tension between the Justice Department and the House Oversight Committee saw a new development this week as Rep. Darrell Issa (R-California), committee chair and vocal critic of Attorney General Eric Holder, requested the department turn over all of its documents related to its recent securities settlements with JPMorgan Chase and Citigroup.
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