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Jpmorgan Chase

HAMP's Second Lien Modification Saves Fewer Than 50% of Second Mortgages

Anna Cuevas | Posted 03.19.2012 | Business
Anna Cuevas

Through the 2MP initiative, services of second mortgages have the option to modify the lien or to extinguish it -- which is an admission that the mortgagor is not likely to be repaid for the second mortgage, and they clear their interest in the property by filing a lien waiver.

Pay For Goldman Sachs Employees Has Little To Do With Performance

The Huffington Post | Alexander Eichler | Posted 01.23.2012 | Business

Goldman Sachs isn't likely to garner much public favor when it announces its earnings this week, as forecasts predict that the bank will boost the sha...

4 Bankers Ready to Lend

Robert Schwab | Posted 03.18.2012 | Denver
Robert Schwab

Dana Bondy, senior vice president for business banking at Colorado State Bank and Trust, likes to make lists, and so he made one during a panel discus...

Union Eyes Dual Chairman-CEO Roles At Goldman, JPMorgan Chase

Reuters | Posted 03.18.2012 | Business

* Union seeks to cut CEO power at JPMorgan, Goldman, others * Independent chair hottest governance issue in 2012 - analysts ...

Bank Of America Told Fed It Could Sell Branches In Emergency

Reuters | Posted 03.14.2012 | Business

(Adds details on Fed plan from source, background) Jan 13 (Rick Rothacker, Reuters) - Bank of America Corp told Federal Reserve off...

Ben Hallman

Big Bank's Profit Plunged Last Quarter | Ben Hallman | Posted 03.14.2012 | Business

NEW YORK -- Wall Street earnings season kicked off Friday with JPMorgan Chase & Co. reporting its financials after a year in which the biggest consume...

Loren Berlin

Frustrated Attorneys General Hold Secret Meetings On Foreclosures | Loren Berlin | Posted 01.13.2012 | Business

Attorneys general or representatives from nearly 15 states met in Washington, D.C., on Tuesday to discuss and share different enforcement options and ...

Big Bank Quietly Stops Suing Customers Over Debt

American Banker | Jeff Horwitz | Posted 01.11.2012 | Business

JPMorgan Chase & Co. has quietly ceased filing lawsuits to collect consumer debts around the nation, dismissing in-house attorneys and virtually shutt...

Banks Probed For Allegedly Steering Homeowners Into More Expensive Insurance

The Huffington Post | Alexander Eichler | Posted 01.11.2012 | Business

Let's say you're a homeowner facing tough times. You're starting to fall behind on your home insurance payments, but then, your bank steps in and buys...

JPMorgan Chase Sued Over Allegedly Misrepresenting Mortgage Loans

Posted 01.03.2012 | Business

JPMorgan Chase & Co has been sued for $95 million by the trustee for securities marketed in 2005 by the former Bear Stearns Cos over alleged misrepres...

For a Sane Economy in 2012, How About a Little Shame?

Richard (RJ) Eskow | Posted 03.03.2012 | Politics
Richard (RJ) Eskow

The other day I was asked what one single thing could do the most to save our economy. What one idea or tool might help us create a more just society? My answer was "shame."

Catherine New

Banks May Get Creative With Fees In 2012 | Catherine New | Posted 12.29.2011 | Business

Squeezed by regulations under the Dodd-Frank financial reform law, banks are looking to find new ways to wring fees from customers. In 2012, expect to...

Bank Of America Delays Eviction Of Dying California Woman

The Huffington Post | Harry Bradford | Posted 12.23.2011 | Business

In a foreclosure crisis that's been short on compassion, one California couple facing tragedy has been able to delay eviction with help from their ban...

Why Jamie Dimon Just Doesn't Get It

Robert Greenwald | Posted 02.20.2012 | Politics
Robert Greenwald

Jamie Dimon, the infamous CEO of JPMorgan Chase, is back to doing what he does best: defending the bankers of the 1% against the petulant 99%.

Jason Cherkis

Occupy Atlanta Helps Save Iraq War Veteran's Home From Foreclosure | Jason Cherkis | Posted 12.20.2011 | Politics

WASHINGTON -- In a tangible victory by the Occupy movement, Occupy Atlanta has successfully helped save an Iraq War veteran from foreclosure. Acti...

Foreclosure Fraud Costing These States The Most

The Huffington Post | Harry Bradford | Posted 12.15.2011 | Business

Millions of Americans have been forced out of their homes in the wake of the housing collapse, and from that has come allegation after allegation of f...

Mic Check! Mic Check! Jamie Dimon -- Can You Hear Me Now?

Jerry Ashton | Posted 02.07.2012 | New York
Jerry Ashton

On December 6, not even intermittent sprinkles and overcast skies could dampen the angry heat of several hundred marchers who had converged to protest the heartlessness of the banks and the financial system.

PHOTOS The 11 Biggest Foreclosure Fails Of 2011

The Huffington Post | Harry Bradford | Posted 01.13.2012 | Business

The housing collapse and subsequent foreclosure crisis has claimed the homes of millions of Americans. But that tragedy may only be matched by the abs...

The Greatest Hoax in the History of Money: The Fed, The Banks, and All Those Lies

Richard (RJ) Eskow | Posted 01.31.2012 | Business
Richard (RJ) Eskow

You can believe in the free market, or you can believe in today's Wall Street. But you can't do both.

WATCH: Reporter Finds Himself Victim Of Foreclosure Fraud He's Investigating

The Huffington Post | Harry Bradford | Posted 11.29.2011 | Business

Improper foreclosure practices are so widespread in Las Vegas that one reporter trying to expose them instead found he too was a victim of foreclosure...

J.P. Morgan Chase Banks on Buying Into the Casino

Raymond J. Learsy | Posted 01.25.2012 | Business
Raymond J. Learsy

J.P. Morgan Chase is buying a stake from MF Global in the London Metals Exchange that will make it the largest single share holder ahead of guess who? Right, Goldman Sachs!

OWS and Tea Party Agree: Big Banks Are a Big Problem

Ned Ryun | Posted 01.16.2012 | Politics
Ned Ryun

Yes, big banks are a big part of capitalism. But OWS and the Tea Party both see that what the big banks are doing on the backs of the taxpayer is not capitalism. It's a Frankenstein's monster-version of capitalism masquerading as free enterprise.

Large Bank To Sell Investments Backed By Loans In Default

The Huffington Post | Bonnie Kavoussi | Posted 11.16.2011 | Business

JPMorgan Chase is reaching back into the playbook, and the result could help the housing market hit bottom. The newly-minted largest bank in the c...

JPMorgan Chase Fined Over Recommending Risky Investments

Posted 11.15.2011 | Business

A U.S. regulator ordered JPMorgan Chase & Co to pay $3.62 million in fines and reimbursement for recommending investments linked to junk bonds to unso...

Not Just Debit Fees: The Other Ways U.S. Banks Cost Customers

The Huffington Post | Harry Bradford | Posted 11.14.2011 | Business

The era of the debit card fee may have come and gone, but plenty of bank charges remain. Indeed, with all the talk of debit fees, it's easy to for...