JPMorgan Chase CEO warns of higher rates, more inflation
Jamie Dimon thinks interest rates could rise to 8% or more. He also said in a new letter that a recession and stagflation could be in the offing
by Jim Dalrymple II Apr 8
'Big Short' investor: Flooding is the next great threat to home values
Dave Burt, who made a fortune leading up to the Great Recession and later earned notoriety in the 2015 film 'The Big Short,' is sounding the alarm about a growing threat to housing prices: flood risk
by Ben Verde May 31
Redfin CEO, others deflate Elon Musk's housing 'meltdown' theory
The Tesla CEO just predicted a coming collapse in the housing market, but Redfin CEO Glenn Kelman and other experts say the conditions that would lead to a meltdown just aren't there
by Jim Dalrymple II May 31
JPMorgan CEO: Real estate is going to be a big problem for some banks
Not every bank is at risk, JPMorgan CEO Jamie Dimon said Monday during an investor conference. But for lenders with more exposure to commercial properties, the months ahead could be tough
by Daniel Houston May 23
Troubled real estate eyed as JP Morgan takes over First Republic
Berkshire Hathaway Vice Chair Charlie Munger warned of 'trouble ahead' for the US commercial property market as federal regulators seized First Republic Bank early Monday morning
by Ben Verde May 1
Manhattan's luxury market sees worst sales week since Aug. 2020
Signed luxury contracts in Manhattan hit a new low during the week ending Aug. 21, according to a report from Olshan Realty Inc. Luxury agents say there are a number of reasons why
by Lillian Dickerson Aug 26
JPMorgan Chase commits $400M to affordable housing
New initiatives are aimed at helping close the housing affordability gap for Black and Latino families
by Daniel Houston Jun 16
Feds tweak regulations to lure banks back to FHA loans
The new regulatory approach is meant to reduce the chance that banks will have to pay huge settlements for mishandling FHA loans
by Jim Dalrymple II Oct 30
CEO group’s new emphasis on social responsibility prompts backlash from ex-Realogy CEO
Lashing out at Business Roundtable's new mission statement, Richard Smith said Friday that corporations' No. 1 job is 'to create shareholder value — period'
by Jim Dalrymple II Aug 23
JPMorgan Chase CEO Jamie Dimon Addresses The Economic Club Of Washington
Jamie Dimon believes that origination and servicing rules are tripping up loans, hurting the economy
by Jim Dalrymple II Apr 4