JPMorgan builds up apartment-loan leader from WaMu rubble

NEW YORK (Reuters) - In September 2008, JPMorgan Chase & Co executives sifted through the rubble of Washington Mutual, the failed home loan bank that they had just won in a U.S. government auction....(read more)

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Treasuries Decline as Greece Moves Closer to Accepting Bailout

Treasuries Decline as Greece Moves Closer to Accepting Bailout Bloomberg Treasuries fell after Greece's Prime Minister Alexis Tsipras sent a letter to international creditors saying he was ready to accept conditions required in return for a financial bailout, subject to certain conditions. The benchmark U.S. 10-year ......(read more)

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Surprise! Puerto Rico Wasn't a Thing, After All

The Puerto Rican power utility has reached a deal with its creditors to make its $416 million payment....(read more)

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U.S. private sector adds 237,000 jobs in June: ADP

NEW YORK (Reuters) - U.S. private employers added 237,000 jobs in June, the biggest gain since December, suggesting further improvement in the jobs market which may allow the Federal Reserve to raise interest rates later this year, a report by a payrolls processor showed on Wednesday....(read more)

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BofA, Citigroup to Fund Affordable Housing in N.Y. Settlements

BofA, Citigroup to Fund Affordable Housing in N.Y. Settlements Bloomberg New York City's affordable housing stock will get a boost from Bank of America Corp. and Citigroup Inc. as part of settlements resolving mortgage-bond practices that led to the 2008 financial crisis. New York Attorney General Eric Schneiderman will ......(read more)

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Highest rates in 9 months hits mortgage applications

Rising mortgage rates are taking their toll on both home buyers and home owners looking to save on their monthly payments....(read more)

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Greece No Hurdle for Bond Sellers Lured by Draghi's Euro Bounty

Greece No Hurdle for Bond Sellers Lured by Draghi's Euro Bounty Bloomberg Greece's relationship with the euro may be under strain, but the currency is finding new love in Asia and Latin America. In the first half of 2015, companies from Sinopec Group to Petroleos Mexicanos as well as the Mexican government sold bonds ......(read more)

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