New York Attorney General Eric Schneiderman said on Monday he plans to sue Bank of America Corp and Wells Fargo and Co for violating the terms of a settlement designed to end mortgage servicing abuses. Schneiderman issued the announcement, which suggests lawsuits could be filed against the banks within two […]
Author: InvestAdvocate
Three of JPMorgan’s top investors undecided on Dimon’s roleL: WSJ
JPMorgan Chase & Co has yet to convince three of its largest shareholders to support the company in an upcoming vote on whether Jamie Dimon should retain both his CEO and Chairman titles, the Wall Street Journal said. Some investors are pushing for a separation in Dimon’s roles and seeking […]
Low mortgage rates may not be here for much longer
While you may have become used to seeing mortgage interest rates at or below 4 percent, the age of historically-low rates may be coming to an end. In fact, the Mortgage Bankers Association (MBA), the national association representing the real estate finance industry, predicts 30-year mortgage rates to rise to […]
