March 24, 2014

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.

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MEDIATOR OF THE MONTH: Jeffrey Grayson
March 24, 2014