Despite continuing concerns over potential mortgage-buybacks as a result of the foreclosure mess, analysts are positive on the outlook for JPMorgan Chase over the next year. Set to announce fourth quarter 2010 results on Jan. 14, the bank is expected to up its dividend and buy back stock next year. This comes in the wake of a Federal Reserve announcement that makes it possible, assuming it passes a capital plan review.
Analysts like JPMorgan Chase despite mortgage buyback concerns
December 13, 2010, 3:36pm
Christine was a reporter with HousingWire through August 2011.see full bio
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Christine was a reporter with HousingWire through August 2011.see full bio
