Make sure to use Subprime Blogger to get all your daily mortgage rates news as well to keep with with current mortgage rates.

The cream always rises to the top; today this seems more true than ever as JP Morgan Chase reported that they have repaid their entire TARP funds.? This was a firm that really did not even need TARP money, but when the government is giving out free cash, why not take it right? Unfortunately, some of the financial institutions who received TARP money need it just to survive, eh hmmm, Bank of America and CitiGroup.

It is quite ironic that JP Morgan Chase has paid back all of their TARP funds while Bank of America and CitiGroup continue to struggle.? The irony is the fact that the Bank of America and CitiGroup CEO’s stated that they would repay TARP funds.? I guess those CEOs that keep their mouth shut and actually do their job are the ones that show the best performance.? I would like to commend JP Morgan Chase and I hope Bank of America sees what true leadership and honesty can do for a company.