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How long can banks keeps ignoring home equity loans?
By Matthew Goldstein The $425 billion in home equity loans and other second mortgages sitting on the balance sheet of the four biggest U.S. commercial banks is the big gorilla in the room that no...
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The robosigning story goes on
Shares Lender Processing Services Inc fell as much as 9.8 percent at one point on Monday after Scot Paltrow’s special report said the company, which helps banks manage mortgage foreclosure...
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Jamie Dimon: Good banker? Bad banker?
The U.S. mortgage business is a “mess” in need of overhaul, JPMorgan Chief Executive Jamie Dimon reckons. (See our special report on Dimon today: “Jamie Dimon wants some R-E-S-P-E-C-T”) Of course, his...
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