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Treasury wants more lender leeway on loans
WASHINGTON (Reuters) – The Treasury Department wants lenders and companies that process monthly mortgage payments to do more to rework troubled home mortgage loans and will announce new measures on Monday aimed at achieving that goal, a department spokeswoman said on Saturday. The New York Times in its Sunday edition quoted Michael Barr, the Treasury [...]
Dimon Of JPMorgan Chase (JPM) May Be The Next Treasury Secretary
The New York Post says that Jamie Dimon, CEO of JPMorgan Chase (NYSE: JPM) may succeed Timothy Geithner as the next Treasury Secretary. Dimon’s skills in pulling up JPMorgan Chase through the recession are a great positive for him. Dimon’s help in rescuing Bear Stearns and Washington Mutual, Inc.(OTC: WAMUQ) was also appreciated by the [...]
Mortgage Assistance for Federal Reserve Bank of New York Customers
Below is a link to the Federal Reserve Bank of New York Foreclosure Resource Center http://www.newyorkfed.org/regional/foreclosure_resource_center.html Related Reading: reddit_url = http://chasehomefinancesucks.com/2009/10/01/federal-reserve-bank-of-new-york-foreclosure-resource-center/;reddit_title = Mortgage+Assistance+for+Federal+Reserve+Bank+of+New+York+Customers;reddit_newwindow=’1′;yahooBuzzArticleHeadline=Mortgage+Assistance+for+Federal+Reserve+Bank+of+New+York+Customers;yahooBuzzArticleId=http://chasehomefinancesucks.com/2009/10/01/federal-reserve-bank-of-new-york-foreclosure-resource-center/;Share
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