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Chase cuts won't have big Phoenix impact
JPMorgan Chase & Co.'s expected cut of 3,000 investment bankers will not have a big impact on the bank’s Phoenix area operations. (JPM)

Credit Markets Decline, Led by Commercial-Mortgage Securities
Nov. 20 (Bloomberg) -- Yields on top-rated commercial- mortgage securities climbed the most ever above benchmark rates, leading a deterioration in credit markets on concern that the recession and financial crisis is deepening.

Jumbo mortgage deadline looms
Some mortgage borrowers are about to get squeezed by the shrinking of something called the jumbo conforming limit.

New tack vs default: cutting mortgage principal
Some mortgage companies are slashing the amount that borrowers owe, deciding that a permanent cut in the loan balance may pay off if that helps teetering borrowers avoid foreclosure.

New tack vs. default: Cutting mortgage principal
As home prices slide and loan defaults pile up, some mortgage companies are slashing the amount that borrowers owe, deciding that a permanent cut in the loan balance may pay off if that helps teetering borrowers avoid foreclosure.

Feds accuse 16 in LI mortgage fraud schemes
Mortgage fraud and cocaine -- not a typical crime combination.

More lenders offer mortgage relief programs
With no end to the foreclosure epidemic in sight, mortgage lenders have begun to do something they previously resisted: rewriting the terms of mortgage loans.