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Tag Archives: JPMorgan Chase

Megabank CEOs Meet With Congress

CEOs of eight of the largest U.S. banks, including Bank of America, CitiGroup, and more, appeared before the House Financial Services Committee to discuss how policies and procedures have changed since the financial crisis.

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State of the Foreclosure Market

Here’s what an OCC report on the disclosure of mortgage loan data of some of the largest banks in the U.S. revealed about the number of foreclosures initiated by them.

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The Key to Easing Mortgage Defaults

Here’s what a new research that gauged the impact of mortgage payment and principal reduction revealed about how they impacted defaults and delinquencies and the implications for policies on how financial institutions can help homeowners facing default.

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Q3 Mortgage Revenue Drivers

Home lending and servicing figured prominently in the quarterly results declared by Wells Fargo, JPMorgan Chase and Citigroup on Friday. Here’s how these banks performed in Q3.

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How Much Have Banks Been Fined Since the Crisis?

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

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As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

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