March 24, 2014
JPMorgan Chase Mortgage Forecast Worries Lenders – JPMorgan Chase’s recent forecast for an unprofitable year in the mortgage business came as a surprise—not just to Wall Street, but to other lenders.
Mortgage Tax Breaks Trickle Up, New Study Shows – Federal tax benefits for homeowners primarily help wealthier people borrow more money to buy larger houses rather than boost homeownership, according to a new study.
Dolan Co. Files Bankruptcy to Cut Foreclosure Unit Debt – Dolan Co. (DOLN), a provider of legal-support services and publishing, filed for bankruptcy after agreeing to be taken over by lenders to cut debt linked to its former mortgage foreclosure-processing business.