Wednesday, January 11, 2012

JPMorgan Chase 2011 mortgage originations lowest in 10 years

JPMorgan Chase (JPM: 36.05 0.00%) Chief Executive Jamie Dimon told CNBC Monday his bank is originating $10 billion in mortgages per month.
"Obviously, credit is still tight," he said, pointing to the sovereign and banking crises in Europe as dragging down the U.S. economic recovery.
Dimon presented the mortgage origination point as a positive performance point for [...]

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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/ArY_YyszaCM/jpmorgan-chase-2011-mortgage-originations-lowest-in-10-years

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