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Tag: U.S. Bancorp

Citigroup Selling Servicing Rights as Banks Shrink Role

The U.S. mortgage market’s largest lenders are pulling back amid looming regulations and a drop in refinancing that fueled record profits last year. Citigroup...

JPMorgan Taps Taxpayer-Backed Banks for Basel Rules

JPMorgan Chase & Co. (JPM:US), the biggest U.S. bank, is using cheap funding from government-chartered institutions to meet new regulations designed to ensure it...

U.S. Bank Mortgage Legal Bills Exceed $100 Billion

The six biggest U.S. banks, led by JPMorgan Chase & Co. JPM and Bank of America Corp., have piled up $103 billion in legal...