JPMorgan Chase Announces Takeover Of First Republic Bank
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JPMorgan Chase Announces Takeover Of First Republic Bank

By KIMBERLEY HAAS Leaders at JPMorgan Chase have announced they acquired the substantial majority of assets and assumed the deposits of First Republic Bank from the Federal Deposit Insurance Corporation. According to a press release issued on Monday, JPMorgan Chase will assume about $92 billion of deposits, including $30 billion of large bank deposits, to…

Morning Roundup (2/7/2022)– CA Broker Calls Out UWM, loanDepot’s Long-Term Strategy

Morning Roundup (2/7/2022)– CA Broker Calls Out UWM, loanDepot’s Long-Term Strategy

Good Morning! Today is Monday, February 7. The White House said a Ukraine invasion could come “any day now.” The Dutch speedskater Ireen Wüst became the first person to win individual golds at five Olympics. New Jersey’s Democratic governor will lift the state’s school mask mandate. The Mortgage Note Reports CA Broker Calls Out UWM:…

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