Tag Archives: JP Morgan Chase

So Fannie and Freddie Weren’t the Problem…

Popular Economics Weekly We are learning just how much mortgage fraud was committed by 17 national and international banks and other financial entities that the Federal Housing Finance Authority (FHFA) originally sued to recover some $200 billion in losses to … Continue reading

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California Foreclosures Plunging, Sales Rising

The Mortgage Corner The number of California homeowners entering the foreclosure process plunged to the lowest level in more than seven years last quarter, reports DataQuick. The unusually sharp drop in the number of mortgage default notices filed by lenders … Continue reading

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Some Institutions Are Too Big To Succeed

Financial FAQs The conversation may change with JP Morgan Chase’s latest $2 plus billion faux pas. Instead of being too big to fail, we may find that the Wall Street behemoths in particular have become too big to succeed. That … Continue reading

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The National Mortgage Settlement

The Mortgage Corner The $25B National Mortgage Settlement has finally been signed off by a federal judge, and 5 of the largest banks will begin the process of providing relief to the estimated 9 million present or former homeowners who … Continue reading

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Corporate Austerity Not the Answer in 2012

Popular Economics Weekly Why so much gloom and tentativeness about U.S. economic growth when all the indicators are looking up for 2012? For instance, the Conference Board’s Index of Leading Economic Indicators again showed positive growth ahead. It rose 0.4 … Continue reading

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