JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens [MSNBC.com]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: MSNBC.com
Pedestrians walk past an american multinational investment bank and financial services holding company JPMorgan Chase Bank branch.Alex Tsai | SOPA Images | Getty Images after measures to contain the virus put 16 million people out of work and plunged the country into recession."Due to the economic uncertainty, we are making temporary changes that will allow us to more closely focus on serving our existing customers," Amy Bonitatibus, chief marketing officer for JPMorgan Chase's home lending business, told Reuters.The bank was the fourth largest U.S. mortgage lender in 2019, according to industry publication Inside Mortgage .VIDEO2:3902:39Fed can do more: Bank of America's Michelle MeyerPower LunchThe changes should help JPMorgan reduce its exposure to borrowers who unexpectedly lose their job, suffer a decline in wages, or whose homes lose value. The bank said the change will also free up staff to handle a surge in mortgage refinance requests, which are taking longer to process due to
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JPM
News
- JPMorgan Chase & Co. (JPM): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- JPMorgan Announces Cash Distributions for the JPMorgan ETFsGlobeNewswire
- US Bank Regulators Ease Post-Crisis Curbs on Leveraged Loans [Yahoo! Finance Canada]Yahoo! Finance Canada
- European stocks close soft as global investors look ahead to Fed meeting [MSNBC.com]MSNBC.com
- JPMorgan's Phil Camporeale on 2026 market outlook [CNBC]CNBC
JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- JPM's page on the SEC website