The Obama administration says it will release withheld incentive payments to JPMorgan (JPM) and...


The Obama administration says it will release withheld incentive payments to JPMorgan (JPM) and Bank of America (BAC) as their performance in the Making Home Affordable Program has improved. The two lenders were previously under double-secret probation for their poor practices in this area.

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Comments (9)
  • frank445
    , contributor
    Comments (33) | Send Message
     
    buy, buy, buy
    2 Mar 2012, 03:59 PM Reply Like
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
     
    Those incentive payments will come in handy, since I'm sure BAC and JPM are past due on their "voluntary" campaign contributions to the Obama re-election fund.
    2 Mar 2012, 04:17 PM Reply Like
  • tigersam
    , contributor
    Comments (1707) | Send Message
     
    He does not need contribution from BAC or JPM. He has enough money already. I contributed a lot.
    2 Mar 2012, 04:41 PM Reply Like
  • gh1616
    , contributor
    Comments (864) | Send Message
     
    Word on the street is he is way behind 2008 contributions so you may be on to something davidingeorgia!! Everything he does is political, he's been running for a year!! So why not do a deal with the banks?
    2 Mar 2012, 07:30 PM Reply Like
  • sr1977
    , contributor
    Comments (365) | Send Message
     
    In the real world if you break something on the job you get to fix it for free or you don't have a job any longer. I guess it's different if your a "Bank".
    2 Mar 2012, 04:48 PM Reply Like
  • itsAme
    , contributor
    Comments (99) | Send Message
     
    or a car company or a state or a union.
    4 Mar 2012, 09:10 PM Reply Like
  • SUBGAM
    , contributor
    Comments (16) | Send Message
     
    'double secret probation sir ??'
    2 Mar 2012, 06:32 PM Reply Like
  • ssmith90
    , contributor
    Comments (47) | Send Message
     
    i know it sounds ridiculous!! lol
    2 Mar 2012, 09:08 PM Reply Like
  • Melvin7501
    , contributor
    Comments (75) | Send Message
     
    Quit the bail-out factor Obama!
    2 Mar 2012, 09:18 PM Reply Like
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