Posts Tagged “Jpm”

webmaster@technorati.com wrote an interesting post today on
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JPMorgan Chase & Co. (JPM) said Tuesday it will hire a total of 1,200 new mortgage loan officers through the end of 2010 across the nation as the bank continues to work through waves of mortgage refinancings and a housing market on the mend.

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News Sources wrote an interesting post today on
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Looking at Q2 to Q3: Investment Banking -38%, Asset Management -6%, Trading and Principal Investments -7%. So where did they make this record profit you ask? Their FICC, or Fixed Income, Currency and Commodities unit generated all the profits, paper profits that is. Let’s break it down from their press release: Net revenues in FICC were $5.99 billion, significantly higher than the third quarter of 2008. These results reflected strong performances in credit products and mortgages, which were si

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News Sources wrote an interesting post today on
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JPMorgan Chase (JPM), the first of the big U.S. banks to report third-quarter earnings, says its loan losses are still high and are expected to remain that way for the foreseeable future, a troubling sign for the economy.

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News Sources wrote an interesting post today on
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Wells Fargo & Company ( WFC ) and Bank of America Corporation ( BAC ) showed impressive improvements in their loan-modification rates in August 2009 after experiencing poor rates in July 2009. However, both Wells Fargo and Bank of America still remain way behind their competitors such as JP Morgan Chase & Co. ( JPM ), but both have ramped up refinancing efforts significantly. Wells loan-modification rates increased 64%, completing 33,172 modifications under the Home Affordable

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News Sources wrote an interesting post today on
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Mortgage Brokers Will Be Hardest Hit By Taylor Bean’s ExitCNNMoney.com(JPM), stopped accepting loan applications processed by mortgage brokers. Before this move, the bank had been among the biggest lenders of mortgages …Taylor Bean Halts Loans After Being Suspended by US Agencies BloombergHome loan giant closes, hundreds left jobless Gainesville Sunall 73 news articles »

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