Big Banks Expect To Spend Less On Problem Home Loans

January 28th, 2012

* Declining delinquencies spark hope that worst is passing * JPMorgan, Bank of America, Wells Fargo forecast savings * Citigroup wary, watching repeat defaults By Rick Rothacker and David Henry Jan 27 (Reuters) – Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans.
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Original post by Robert Cernansky

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Big Banks Expect To Spend Less On Problem Home Loans – Huffington Post

January 28th, 2012

Jan 27 (Reuters) – Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans. The chief executives of JPMorgan Chase & Co and …
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Original post by Huffington Post

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White House proposes new help for troubled mortgages. Too little, too late?

January 28th, 2012

President Obama's mortgage modification program has helped only a fraction of Americans under water. New measures have been proposed, but they could be costly to taxpayers.
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Original post by Robert Cernansky

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