Tag: too big to fail

Chase’s destructive rap sheet

by ft Editorial Staff | Jan 14, 2014 | Real Estate | 0

JPMorgan has their hands in a lot of pies. Mike Papantonio reminds us not to be fooled by the...

Big banks – a day late, a hundred thousand dollars short

by Jeffery Marino | Apr 21, 2013 | Real Estate | 1

Mortgage servicers have published an itemized list of the payments they will make to wronged borrowers as a result of a multi-billion dollar settlement reached earlier this year.

More payola from the big banks

by Jeffery Marino | Jan 28, 2013 | Reader Polls, Real Estate | 4

The top 10 mortgage servicers in the U.S. have reached an $8.5 billion settlement with the Federal Reserve (the Fed) and the Office of the Comptroller of the Currency (OCC). The settlement will put a halt to the sweeping federal review of lender foreclosure abuses. Regulators claim the settlement was reached since it meets the review’s original objectives.