Monday, October 12, 2009
Writedowns on Mortgage Servicing Make Even JPMorgan Vulnerable
The four biggest U.S. banks by assets may have to take writedowns on $55 billion of mortgage- collection contracts after marking them up by $11 billion in the second quarter, casting a shadow over earnings. ...
Bloomberg: Writedowns on Mortgage Servicing Make Even JPMorgan Vulnerable
Bloomberg: Writedowns on Mortgage Servicing Make Even JPMorgan Vulnerable