The head of JPMorgan’s consumer lending arm says the bank is relaxing its mortgage criteria as housing prices surge across the country. Marianne Lake made the comments at a virtual investor conference this week, Bloomberg reported. In the mortgage space, she said the bank had “walked back some of our constraints” as home prices rise throughout the country. “We have loosened some of our criteria there,” she added. It is unclear what elements of the
source https://therealdeal.com/2020/11/11/jpmorgan-walks-back-some-mortgage-constraints/
No comments:
Post a Comment