Monday, 17 April 2017

J.P. Morgan Enlists The ‘Property Brothers’ To Revive Its Home Loan Business

After having to stomach $31B worth of bitter mortgage settlements with government agencies a few years ago, J.P. Morgan swore off a huge swath of the home loan market. Gone were borrowers with anything much less than pristine credit ratings. The cost of managing delinquent accounts and the threat of huge legal penalties were written


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