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Items Tagged with 'JPMorgan Chase'

ARTICLES

Small mortgage lenders and large banks face off

Fannie Mae: Smaller lenders to contract credit standards
July 24, 2014
Lending standards are likely to tighten at smaller and midsize lenders over the next three months, but at the same time, the smaller guys are stealing larger banks' mortgage market share.
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JPMorgan's $13B RMBS settlement progress...so far

Bank gives $6M in credited consumer relief
July 22, 2014
After reaching a $13 billion agreement to settle claims regarding the sale and issuance of faulty residential mortgage-backed securities, JPMorgan Chase is now being held accountable to make sure it is staying compliant on all of the requirements.
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NAR: Big banks exiting FHA loans is a "bad trend"

JPMorgan Chase debates stopping FHA-backed loans
July 18, 2014
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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Nonbanks pounce on mortgage market

Big banks pull back
July 18, 2014
Nonbanks are swooping in on the extra market share that megabanks are losing ground on. At the same time, the nation’s two largest originators only made 21% of the home loans in the second quarter.
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JPMorgan Chase originations tumble 66% from 2013

Posts $6B 2Q net income, beats estimates
July 15, 2014
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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JPMorgan, Goldman Sachs next on earnings’ horizon

Mega banks lose to smaller lenders
July 14, 2014
Next on the earnings list, Goldman Sachs and JPMorgan Chase, but according to one analyst, the two will post more of the same.
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Chase’s fraudulent foreclosure: Court finds for plaintiffs

Bank committed fraud in order to show ownership
July 2, 2014

A California appeals court upheld a ruling that said a Chase executive created a document that fraudulently represented that a prior assignment had been lost and that Chase owned the plaintiff's mortgage.


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S&P awards AAA ratings to $303M jumbo RMBS from JPMorgan

Kroll, DBRS and Fitch also awarded AAA ratings
June 23, 2014
In its presale report, S&P noted the high-quality collateral included in the pools as one of the reasons for the quality of the ratings it awarded.
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JPMorgan brings $303 million jumbo RMBS to market

Bond uses 15-year mortgages
June 20, 2014
This is JPMorgan's second offering of 2014, but this one is backed by 15-year notes. It also has lower LTV and DTI ratios than previous offerings.
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Which bank's CEO earned the most bank in 2013?

Here's the list of top earners in the banking industry
June 12, 2014
Guess which CEO of which bank made the most for their efforts last year. This list of who's in the top-earners category may surprise you.
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