Fed actions to reduce mortgage rates may be helping banks more than borrowers – Washington Post
 Telegraph.co.uk |
Fed actions to reduce mortgage rates may be helping banks more than borrowers
Washington Post JPMorgan Chase and Wells Fargo, the nation's largest mortgage lenders, said Friday they won't make home loans much cheaper for consumers, even as they reported booming profits from that business. Those bottom lines have been padded by federal … Mortgage Lending Helps JPMorgan Profit Rise 34% Soaring 3rd quarter for JPMorgan Chase The Big Bank Rally Stalls |
