Published: November 23, 2010
Tags: BMO Capital Markets, homes, JPMorgan Chase, National Association of Realtors
By Martin Crutsinger AP Economics Writer Washington — Sales of previously owned homes slipped slightly in October as the housing market continues to battle tough economic conditions including high unemployment and tight credit. The National Association of Realtors reported Tuesday that sales of previously owned homes dropped 2.2 percent last month to a seasonally adjusted [...]
Published: November 8, 2010
Tags: Bank of America, foreclosure, Home Affordable Modification Program, JPMorgan Chase, Washington Mutual
Comments: 1
By Jacob Adelman AP Writer Los Angeles — Grocery store owners William and Esperanza Casco were making enough money to stay current on their mortgage, but when JPMorgan Chase & Co. offered a plan that reduced their payments, they figured they could use the extra cash and signed up. The Cascos said they never missed [...]
Published: October 12, 2010
Tags: Bank of America, foreclosures, GMAC Mortgage, Goldman Sachs, JPMorgan Chase, Litton Loan Servicing LP, PNC Financial Services Group, Van Hollen
Comments: 3
By Ben Mook Dolan Media Newswires Pressure on banks and processing firms to suspend foreclosures over concerns of paperwork errors continues to mount as a group of as many as 40 state attorneys general plans to announce a multijurisdictional investigation on Wednesday. Iowa Attorney General Tom Miller is heading the bipartisan group that plans to [...]
OMAHA, Neb. (AP) — Warren Buffett’s company has lined up an $8 billion loan to help pay for its $26.3 billion acquisition of Burlington Northern Santa Fe Corp. According to documents filed from Berkshire Hathaway Inc. with the Securities and Exchange Commission Thursday, it signed the financing deal with JPMorgan Chase and Wells Fargo on [...]
By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — Fewer people are claiming unemployment benefits — but still too many to signal that the economy is close to gaining jobs. First-time claims for jobless benefits dropped last week to a seasonally adjusted 502,000, the Labor Department said Thursday. That’s the fewest claims since the [...]
Published: October 1, 2009
Tags: cash for clunkers, Commerce Department, first-time unemployment claims, High Frequency Economics, JPMorgan Chase, Labor Department
Christopher S. Rugaber and Martin Crutsinger AP Economics Writers Washington — First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak. And even though consumer spending jumped by the most in nearly eight years in August, partly because of the government’s [...]