Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
W S
Investments / The Ticker

JPMorgan extends deadline for mortgage-bond trustees

balance money and clock
/ Print / Reprints /
| Share More
/ Text Size+

According to an article in Bloomberg, JPMorgan Chase (JPM) agreed to give mortgage-bond trustees evaluating a proposed $4.5 billion settlement over bad loans an extra three months to consider signing onto the deal.

The deadline was extended to June 16, according to a letter posted to a website for the settlement. Trustees including Bank of New York Mellon Corp., Deutsche Bank AG and Wells Fargo & Co. had asked the New York-based bank for the change in a letter dated March 4.Stephen Cutler, JPMorgan’s general counsel, agreed to the request, the document shows.

The previous deadline was March 16, according to an earlier letter.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus