Browsing Tag:Chase

jpmorgan-chase-financial-institution-n-a-moodys-affirms-jpmorgan-chase-financial-institution-n-a-s-prime-jumbo-originator-evaluation-as-above-common-2
Announcement: Moody's affirms JPMorgan Chase Bank, N.A.'s prime jumbo originator assessment as Above AverageGlobal Credit Research - 14 Dec 2020NOTE: On December 15, 2020, the press release was corrected as follows: In the Assessment Rationale section, the seventh paragraph was changed to “Management and staffing continues to be assessed as Strong due the seasoned management team and solid training...
Continue reading
0 Comments
Share
jpmorgan-chase-financial-institution-n-a-moodys-affirms-jpmorgan-chase-financial-institution-n-a-s-prime-jumbo-originator-evaluation-as-above-common
Announcement: Moody's affirms JPMorgan Chase Bank, N.A.'s prime jumbo originator assessment as Above AverageGlobal Credit Research - 14 Dec 2020New York, December 14, 2020 -- Moody's Investors Service (Moody's) has affirmed JPMorgan Chase Bank, N.A.'s (Chase) prime jumbo residential mortgage originator assessment as Above Average.Headquartered in New York, NY, JPMorgan Chase & Co. (NYSE: JPM), the parent company of...
Continue reading
0 Comments
Share
manhattan-condo-weak-point-spurs-tighter-jpmorgan-chase-co-jumbo-loans
"If it became a widespread, general policy for all banks, it would definitely slow the market down," said Stephen Kliegerman, president of Brown Harris Stevens Development Marketing, who endorsed Chase's new lending rules.A JPMorgan spokesperson confirmed the new loan terms and said the bank was making the change based on "current economic conditions."Banks have already started tightening some terms,...
Continue reading
0 Comments
Share
jpmorgan-chase-tightens-requirements-for-jumbo-loans-in-manhattan
JPMorgan Chase Bloomberg reported Friday that jumbo loan terms for Manhattan cooperatives and condominiums were tightened due to declining buyer demand. Chase announced that starting this week, jumbo loans would be capped at 70% of the selling price. The new standards apply to loans greater than $ 765,600 that are not guaranteed by Fannie Mae and Freddie...
Continue reading
0 Comments
Share