Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
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Items Tagged with 'Jamie Dimon'

ARTICLES

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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JPMorgan response to DOJ settlement sends crucial message

Admission of guilt would unleash a flood of lawsuits
Kerri Ann Panchuk
JPMorgan Chase CEO Jamie Dimon may be eager to get all of the company's legacy mortgage issues behind it, but how the bank responds to pressure from the Department of Justice and other regulators is crucial and a potential harbinger of what’s to come on the mortgage litigation front for mega banks.
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Dimon: JPMorgan is trying to resolve mortgage claims

HousingWire Staff
JPMorgan Chase CEO Jamie Dimon said the bank is trying to resolve legacy mortgage issues so it can get back to focusing on its core customers.
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JPMorgan settlement: A personal vendetta, market justice or something else?

Kerri Ann Panchuk
Is Jamie Dimon on the hook for leading a bank riddled with legacy mortgage issues, or did he insult an old friend — that friend being the current president of the United States?
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