Archive for: January, 2011

JP Morgan Chase Admits Mortgage Mistakes

JP Morgan Chase, a large US mortgage bank, admitted this morning that they have made mistakes on interest rates and foreclosures on homes belonging to active duty US military personnel. According to federal law, active duty soldiers can only be charged a set rate of interest on home loans and as long as they are […]

Allegiant Air to Rebound on Increased Location Announcement

Allegiant Air, based in Las Vegas, announced this morning that they would be adding more cities to their travel base and bringing back some of the flights that were dumped when costs began to rise. Allegiant Air is a low-cost, no frills airline. They offer cheap, non-stop flights from states all over to some of the […]

Wells Fargo Refuses to Settle Bad Mortgage Claims

Wells Fargo, the second largest provider of mortgage loans in the US, announced this morning that they will not settle financially with Freddie Mac and Fannie Mae over faulty mortgages. Last month it was reported that Bank of America would buy back millions in mortgage loans from the clearing houses that were based on faulty […]

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