JPM conference call comments on Foreclosure-Gate

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NEW YORK – JPMorgan Chase’s CEO says the bank has stopped using the electronic mortgage tracking system used by major financial institutions. JPMorgan’s CEO, Jamie Dimon, made the announcement in a conference call Wednesday to discuss the bank’s quarterly earnings.

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From the JPM conference call this morning (ht Brian) JPM: We’ve identified issues relating to the mortgage foreclosure affidavits and those include signers not having personally reviewed the underlying loan files but instead having relied upon the work of others. Those others, Chase employees, did conduct reviews of the underlying loan files.

JPM conference call comments on Foreclosure-Gate Shriner Contents Officer marianne lake Morgan healthcare conference january Calendar view press conference call january 14 Call january 14 Membuat efek.

Operator: Please stand by. We are about to begin. This call is being recorded. Your lines will be muted for the duration of the call. Please stand by. At this time, I would like to turn the call over to JPMorgan Chase’s Chairman and CEO, Jamie Dimon. Mr. Dimon, please go ahead.

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