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0.000103103412722867 0.00061862047633779 -0.00185586142901337 0.000103103412722867 0.0121744509743272 0.0474275698525621 0.0438189504072585 0.0412413650891844
Stock impact report

Better Buy: JPMorgan Chase vs. Citigroup [The Motley Fool]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: The Motley Fool
The past month has been a tough one for financial companies. While the Federal Reserve has taken extraordinary measures to support the stalled economy that was created as part of efforts to halt the spread of the coronavirus pandemic. Real estate investment trusts (REITs) and banks have been thrown overboard as the economy jerks to a halt. What does this mean for two of the biggest banks in the United States?JPMorgan ChaseNYSE:JPMCitigroupNYSE:Cblue-chipImage source: Getty Images.The government just upended the mortgage spaceThe first thing to consider when comparing these two operations is mortgage exposure. Under theCARES ActThis rule applies to all mortgages backed by the government, whetherFannie MaeFreddie MacMortgage servicing is the next shoe to dropGiven that there will be no financial penalty for taking advantage of the program, most people will operate under the "a dollar today is worth more than a dollar tomorrow" theory. This means that the banks are going to see much of t Show less Read more
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