6 secrets to dealing with regulations for mortgage servicers

6 secrets to dealing with regulations for mortgage servicers

A candid look from the perspective of 2 recovering regulators

First-time buyer GSE mortgage loans are getting far riskier

Risk index for agency mortgages for new buyers at series high

NASDAQ to delist Home Loan Servicing Solutions

Next shoe in New Residential deal drops
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Items Tagged with 'Jamie Dimon'

ARTICLES

JPMorgan Chase mortgage banking income more than doubles in Q1

Reports $194 million increase over 2014
Ben Lane
JPMorgan Chase saw a sharp increase in net income derived from mortgage banking in the first quarter, with income rising to $326 million from $132 million in the first quarter of 2014.
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JP Morgan CEO Jamie Dimon: “The expensive lessons that I will not forget”

Legal costs prevent big profits, for now
Jacob Gaffney
This recent retrospection is in stark contrast to the Jamie Dimon of smug bankster fame, who reportedly told Sen. Elizabeth Warren: “So hit me with a fine. We can afford it.” Billions of dollars in fines, it seems, can change one's attitude.
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JPMorgan’s Dimon to Sen. Warren: Hit me with a fine. We can afford it

New afterword from Warren’s book reveals tense exchange
Ben Lane
It’s probably safe to say that of all the elected officials that walk the halls on Capitol Hill, Sen. Elizabeth Warren isn’t Wall Street’s favorite, but a newly released excerpt from Warren’s book “A Fighting Chance,” shows just how tense her interactions with Wall Street’s bigwigs can be.
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JPMorgan CEO: Nonbanks can derail the recovery

"No one is paying attention to it"
Brena Swanson
JPMorgan Chase CEO Jamie Dimon said there isn’t a lot that will keep the U.S. economy down. But the one thing that could derail the recovery: The $3.2 trillion nonbank financial system.
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JPMorgan’s Dimon threatens to quit FHA loans

Rules on penalties need to be clearer, CEO says
Trey Garrison
JPMorgan Chase’s CEO says his bank is considering getting out of the FHA mortgage origination business altogether.
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NAR: Big banks exiting FHA loans is a "bad trend"

JPMorgan Chase debates stopping FHA-backed loans
Brena Swanson
Just as the Federal Housing Administration is celebrating its 80th anniversary, big banks are debating ending their lending relationships with the administration.
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JPMorgan Chase originations tumble 66% from 2013

Posts $6B 2Q net income, beats estimates
Brena Swanson
JPMorgan Chase posted second-quarter net income of $6 billion, compared with net income of $6.5 billion in the second quarter of 2013 as its originations business recorded a steep pullback.
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Who will lead JPMorgan Chase next?

HousingWire Staff
Now that JPMorgan Chase executive Michael Cavanagh is no longer at the bank, Matt Zames, the bank’s chief operating officer, is considered to be a potential favorite to take over when CEO Jamie Dimon finally decides to step down.
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3 key takeaways from JPMorgan earnings call

Future headcount reductions, credit standards, origination volume
Brena Swanson
JPMorgan Chase executives elaborate on staffing cuts, the mortgage market and the big bank's future under new FHFA Director Mel Watt.
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Banks should avoid bailing out other banks

But if they must, the due diligence performed upfront should be show stopping
Some analysts believe JPMorgan Chase was just being a good corporate citizen when it bought Bear Stearns and WaMu in the heat of the financial crisis. Yet, the bank is receiving no favors for taking on the risk.
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