Quote:
Originally Posted by Benzgirl
As far as JPM/Chase is concerned, it's business as usual, but maybe not for their mortgage and commercial arm.
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It seems to be that way. Apparently, wherever Chase holds a large stake in the commercial banking (like here in NYC, where in some neighborhoods, there's a Chase on each major corner), a majority of the WaMu branches are going to close.
I read that WaMu prided itself on making mortgages available to low-income customers. That's all well and good, but the mortgages have to be legit. If you make $25,000 a year, you have no business buying a $400K house.
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