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JPMorgan Will Contribute $2 Billion to US Home Lending Accord
Posted to: Around The Web
Wednesday, January 09, 2013 12:46 PM

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JPMorgan Will Contribute $2 Billion to US Home Lending Accord Businessweek JPMorgan Chase & Co. (JPM), the largest U.S. bank, will pay borrowers $2 billion in the form of mortgage relief and direct cash payments to settle home-loan abuse claims with regulators. The bank will make a cash payment of $753 million and set aside $1.2 ...

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Mortgage Rates:
  • 30 Yr FRM 4.02%
  • |
  • 15 Yr FRM 3.24%
  • |
  • Jumbo 30 Year Fixed 4.20%
MBS Prices:
  • 30YR FNMA 4.5 106-27 (0-00)
  • |
  • 30YR FNMA 5.0 108-11 (0-03)
  • |
  • 30YR FNMA 5.5 108-31 (0-04)
Recent Housing Data:
  • Mortgage Apps -8.80%
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  • Refinance Index -12.30%
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  • NAHB Builder Confidence 4.76%
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