Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
-
Chase, B of A, Wells Lead in Foreclosures
Posted on October 13th, 2010 No commentsThe nation’s Big Three of banking have the most homes in foreclosure, according to research firm SNL Financial. J.P. Morgan Chase has $19.5 billion, or 7.5 percent of its one-to-four family mortgages, in foreclosure. Bank of America has $18.7 billion, or 4.39 percent, and Wells Fargo has $17.5 billion, or 4.74 percent. Chase and Wells Fargo have sizable deposit market shares in the Milwaukee area. Read the article in the Business Journal of Milwaukee.Leave a reply