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WALL STREET JOURNAL

J.P. Morgan Cuts Back on FHA Loans

Wall Street Journal staffer Nick Timiraos reports that J.P. Morgan Chase has sharply pulled back from a popular mortgage-lending program this year, a course its chief executive, James Dimon, blamed on the Obama administration's zeal for litigation (paywall).

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WALL STREET JOURNAL

Viva La Vida Condo!

Wall Street Journal staffers Robbie Whelan and Arian Campo-Flores report that cash-paying buyers from abroad are moving to snap up what remains of the city's dwindling supply of prime unbuilt sites, driving values of undeveloped plots to record levels (paywall).

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