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Banks agree to change mortgage lending practices and offer financial settlement

Published on January 25, 2012 By admin

The following is brought to you by Examiner.Com Bank of America, JPMorgan Chase, Citibank, Wells Fargo, and Ally Financial- the five largest American mortgage lenders- have agreed to make significant changes to their industry practices. Multiple factors have been cited for the financial crisis that began in 2008 and led to millions of home foreclosures, […]

JPMorgan Names New Head for Mortgage Business

Published on February 13, 2011 By admin

The following article is brought to you by Eric Dash at New York Times. Hoping to troubleshoot some of the problems plaguing its mortgage operations, Jamie Dimon on Friday dispatched one of his top lieutenants to oversee the Chase Home Lending business. Frank Bisignano, JPMorgan Chase’s chief administrative officer, will now add supervising the Chase’s […]