Winning Lower Payments Takes Patience, and Luck
New York Times - 1 hour 47 minutes agoA Queens woman who had faithfully paid her mortgage for years lost her job and entered the loan-modification maze.
JPMorgan Chase
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News Stories
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Bernanke Says Limiting Fed Independence Would ‘Impair’ Economy
Bloomberg via Yahoo! News - Sun Nov 29, 12:01 am ETNov. 29 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said curbing the central bank’s authority to supervise the banking system and tampering with its independence would “seriously impair” economic stability in the U.S.
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Obama to push banks on mortgages
CNN Money - Sat Nov 28, 10:25 pm ETAs foreclosure casualties mount, the Obama administration is expected to announce additional steps on Monday to get long-term help for troubled borrowers.
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U.S. Treasury to Push Lenders to Finish More Home Modifications
Bloomberg - Sun Nov 29, 1:14 am ETNov. 29 (Bloomberg) -- The U.S. Treasury Department will step up public pressure on lenders to finish modifying more home loans to troubled borrowers under a $75 billion campaign against the record tide of foreclosures.
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Zacks Analyst Blog Highlights: J. Crew Group Inc., JPMorgan Chase, Fifth Third Bancorp, U.S. Bancorp and Zions Bancorp
Zacks.com via Yahoo! Finance - Fri Nov 27, 8:12 am ETZacks Analyst Blog Highlights: J. Crew Group Inc., JPMorgan Chase, Fifth Third Bancorp, U.S. Bancorp and Zions Bancorp
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Financier ran Ponzi scheme, feds say
The Indianapolis Star - Sun Nov 29, 1:40 am ETFederal authorities are accusing high-flying Indianapolis businessman Timothy S. Durham of defrauding investors through a classic Ponzi scheme and are taking steps to seize his Geist mansion, three other properties in Indiana and California, 18 bank accounts and a Bugatti touring car.
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Ex-beauty queen allegedly wooed executives
Worcester Telegram & Gazette - 1 minute agoDanielle Chiesi spent a lot of time in hotel ballrooms and bars during the past decade.
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Texas slow to offer unemployment recipients a free alternative to debit cards
Austin American-Statesman - Sat Nov 28, 9:36 pm ETIn August 2007, Texas became one of a growing number of states to distribute unemployment benefits by debit cards, making the mailing of paper checks a thing of the past.
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Chase using Facebook to find small charities
Tulsa World - 1 hour 12 minutes agoJP- Morgan Chase is letting Facebook users help decide how to give away $5 million.
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U.S. To Push Mortgage Firms To Reduce More Loan Payments
Free Internet Press - 1 hour 13 minutes agoThe Obama administration on Monday plans to announce a campaign to pressure mortgage companies to reduce payments for many more troubled homeowners, as evidence mounts that a $75 billion taxpayer-financed effort aimed at stemming foreclosures is foundering.
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Dubai, Jobs in Focus for Coming Week
TheStreet.com - Sat Nov 28, 9:10 am ETDevelopments in the Dubai debt situation are sure to influence trading in stocks next week, but economic data, especially the latest read on jobs, could end up taking center stage.
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Bernanke Sees ‘Strong Case’ for Fed Supervisory Role
Bloomberg via Yahoo! News - Fri Nov 27, 9:44 pm ETNov. 27 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said a “strong case” can be made for keeping the central bank involved in bank supervision, and subjecting interest rate policy to congressional audits may undermine confidence in monetary policy. “There is a strong case for a continued role for the Federal Reserve in bank supervision,” the Fed Chairman said in a commentary released ...
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Banks forced to buy back more loans
Orange County Register - Sat Nov 28, 5:06 pm ETBanks had to buy back $7.1 billion in defaulted single-family loans in the third quarter to reimburse mortgage investors, up from $1.9 billion in the previous quarter.
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Dell will use bamboo in packing computers
Louisville Courier-Journal - Sat Nov 28, 4:37 pm ETBamboo has sprouted all over. It's being used everywhere from floorboards to tableware to inline skates and T-shirts. Now Dell is using it to replace paper, plastic and foam packaging materials.
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Santander, Chile Rise as JPMorgan Says Profit Beating Estimates
Bloomberg - Fri Nov 27, 2:05 pm ETNov. 27 (Bloomberg) -- Banco Santander Chile and Banco de Chile rallied in Santiago trading after JPMorgan Chase & Co. said the country’s two largest lenders are on course to exceed quarterly earnings estimates.
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Midday Glance: Finance companies
AP via Yahoo! Finance - Fri Nov 27, 1:02 pm ETNEW YORK (AP) -- Shares of some top finance companies are down at noon: Bank of America fell $.28 or 1.8 percent, to $15.67. Citigroup fell $.09 or 2.0 percent, to $4.09. JPMorgan Chase fell $.65 or 1.5 percent, to $41.51.
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E.J. Dionne Jr. on Obama's Thanksgiving message
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Ed Begley Jr. Flips Out On Fox: Climate Change Is Real (VIDEO)
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