Just how well-capitalized is JPMorgan Chase? The bank's CEO, Jamie Dimon, tells us exactly how much in his annual letter to shareholders.
Read More »JPMorgan Chase RMBS Deal First to Qualify Under Safe Harbor
JPMorgan Chase Bank has become the first institution to file a residential mortgage-backed securitizations deal that qualifies under the Federal Deposit Insurance Corporation’s six-year-old Safe Harbor rule.
Read More »Private-Sector Securitization Begins its Comeback With JPMorgan Chase RMBS Deal
This will be JPMorgan Chase's first house transaction (meaning the bank owns all of the mortgages in the deal) since the financial crisis.
Read More »JPMorgan’s Lehman Settlement Crosses the $1 Billion Threshold
Lehman originally accused JPMorgan Chase of improperly draining billions of dollars before the investment banking firm's infamous 2008 bankruptcy.
Read More »Will Recent Changes Turn Around JPMorgan’s Mortgage Banking Fortunes?
Overall, the bank's earnings exceeded expectations for Q4, but the mortgage banking division posted a disappointing quarter.
Read More »JPMorgan Chase Close to Fulfilling RMBS Settlement Obligation
The bank agreed to pay $4 billion in consumer relief in November 2013 as part of a then-record RMBS Settlement.
Read More »JPMorgan Chase Names New Head of Mortgage Servicing
The bank chose Peter Muriungi as the replacement for Mike Weinbach, who was named CEO of Mortgage Banking at Chase in December.
Read More »OCC Lets JPMorgan Chase and EverBank Off the Hook, Sort Of
The OCC has terminated mortgage-related consent orders against JPMorgan Chase and EverBank. ending business restrictions that were mandated against them in mid-2015. But the two banks did not emerge completely unscathed.
Read More »JPMorgan Chase Names New CEO of Mortgage Banking
Mike Weinbach has been with the bank for 12 years, during which time he has served in many roles.
Read More »Judge Approves JPMorgan Chase RMBS Settlement
Investors claim that JPMorgan Chase misled them as to the quality of the loans underwriting $10 billion worth of residential mortgage-backed securities, according to Bloomberg; the bank denies any wrongdoing.
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