Google prepares to launch mortgage comparison tool

Google prepares to launch mortgage comparison tool

“Compare” service for mortgages already in use in the U.K.

Definitely the best Beige Book coverage on housing and mortgage finance

Thank you, Vince Vaughn

Goldman Sachs just nailed millennial homebuying

Publishes animated graph day before housing conference
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Investments / The Ticker

JPM stock finishes higher after $13B RMBS settlement

HW 30 also closes higher

JPM Chase
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JPMorgan Chase (JPM) put to rest outstanding residential mortgage-backed securities litigation Tuesday, giving investors some hope in the firm's ability to put legacy home loan issues behind it.

Rather than being spooked by the $13 billion price tag tied to the deal, JPMorgan's stock rose on the HW 30, ending the day a bit higher.

The stock closed after rising 0.73% in daily trading while also rising 38.33% year-over-year.

Other big banks also ended the day higher, with Wells Fargo (WFC) and Bank of America (BAC) rising 0.34% and 1.84%, respectively.

Overall, the HW 30 — a compiliation of mortgage finance and housing stocks — concluded the day up 0.65%. The major stock indices also edged higher, with the Dow Jones, S&P 500 and Nasdaq finishing up 0.06%, 0.20% and 0.44%, respectively.  

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