Equity Home Loans

Washington Mutual Home Loans News

WaMu to slash 1,600 jobsFriday, November 21, 2008 @ 5:09AMWashington Mutual announced Thursday it will eliminate 1,600 jobs in the San Francisco area, a company spokesman said.

JPMorgan cuts 3,000 investment banking jobsThursday, November 20, 2008 @ 7:54PMNEW YORK -- JPMorgan Chase & Co (JPM.N) is cutting 10 percent of its investment banking staff, about 3,000 jobs, as the economic slowdown starts to bite into its earnings, people familiar with the situation said on Thursday.

(AFX UK Focus) 2008-11-21 00:05 UPDATE 2-US thrifts have $4 billion 3rd quarter loss - OTSThursday, November 20, 2008 @ 6:23PMBy John Poirier and Karey Wutkowski

U.S. thrifts post $4 billion loss in 3QThursday, November 20, 2008 @ 4:38PMWASHINGTON (AP) -- U.S. thrifts lost $4 billion in the third quarter as they set aside $7.9 billion to cover losses from bad mortgages and other loans amid worsening conditions in the U.S housing market, their government regulator said Thursday.

JPMorgan cuts investment banking jobs: SourcesThursday, November 20, 2008 @ 2:56PMJPMorgan Chase & Co is cutting about 10 percent of its investment banking staff as the credit crunch and slowdown in the economy bite into bank earnings, people familiar with the situation said on Thursday.

Report: Regulators probing WachoviaThursday, November 20, 2008 @ 11:51AM(AP:NEW YORK) The Department of Justice and the Securities and Exchange Commission are investigating the mortgage lending practices of Wachovia Corp., according to media reports Thursday.

(AFX UK Focus) 2008-11-20 16:59 UPDATE 2-JPMorgan cuts investment banking jobs - sourcesThursday, November 20, 2008 @ 11:07AMNEW YORK, Nov 20 (Reuters) - JPMorgan Chase & Co is cutting about 10 percent of its investment banking staff as the credit crunch and slowdown in the economy bite into bank earnings, people familiar with the situation said on Thursday. The company will likely cut staff in line with competitors such as Goldman Sachs Group, which is cutting 10 percent, the sources said. On Thursday, JPMorgan let ...

JPMorgan cuts investment banking jobs: sourcesThursday, November 20, 2008 @ 10:46AM JPMorgan Chase & Co is cutting about 10 percent of its investment banking staff as the credit crunch and slowdown in the economy bite into bank earnings, people familiar with the situation said on Thursday.

JPMorgan cuts investment banking jobs - sourcesThursday, November 20, 2008 @ 10:44AM(Adds head count at investment bank, background on consumer debt exposure, adds share price)