Finance
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JP Morgan Takes $1.5 Billion Mortgage-Backed Hit in July
Aug 12, 2008That credit crisis we’ve been hearing pretty much non-stop about for over a year hasn’t gone anywhere, if a regulatory filing Monday afternoon by JP Morgan Chase & Co [stock JPM][/stock] is any indication. In a filing with the Securities and Exchange Commission, the investment banking giant said that it took a $1.5 billion writedown on its mortgage-backed positions in July alone.
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At Radian, Loss Provisions Sink Q2 Results
Aug 11, 2008 -
Shiller: Systemic Risk Necessitates Bankruptcy Overhaul
Aug 11, 2008 -
ResCap Sets Sights on “High Touch” Servicing Segment
Aug 11, 2008 -
Marketing Savvy Drives Growth at Lenders One
Aug 11, 2008 -
Credit Unions Facing Up to Mortgage Crunch?
Aug 11, 2008 -
Fannie Mae’s Alt-A Pain May Extend to BofA
Aug 08, 2008 -
Wachovia To Exit Retail Mortgages in 19 States: Report
Aug 08, 2008 -
eAppraiseIT Rolls Out Valuation Platform for Reverse Mortgages
Aug 08, 2008
