Items Tagged with 'JPMorgan Chase'

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  • JPMorgan Chase significantly expanding in Washington, D.C. area

    Opening up to 70 new branches, hiring 700 new employees
    JPMorgan Chase currently has a presence in the Washington, D.C. area, with more than 250 employees operating in the region, but the megabank will soon launch an expansion that will more than triple its workforce in the D.C. area. Chase announced Thursday that it is planning a massive expansion in the D.C. area, including adding as many as 70 new branches and hiring up to 700 new employees in northern Virginia, Washington, D.C. and Maryland.
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  • JPMorgan Chase picks Black Knight to power its home equity originations

    Will use LoanSphere Empower to originate home equity loans
    JPMorgan Chase may be using Roostify to power its digital mortgage application process on the front-end, but the megabank will be using Black Knight to power its home equity loan originations. Black Knight announced Wednesday that JPMorgan Chase will be using its LoanSphere Empower loan origination system as the backbone of the bank’s home equity originations business.
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  • Monday Morning Cup Of Coffee: Mulvaney's CFPB losing interest in payday lenders?

    Are you surprised?
    Is Mick Mulvaney's CFPB easing up on payday lenders? The agency has dropped its case against one such lender and is mulling over dropping the cases of three more. Also, JPMorgan Chase predicts the turbulent market will calm down heading into the second quarter while S&P Global Ratings notes that falling housing profits over the last four quarters may be a side effect of fewer lenders easing credit standards.
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  • JPMorgan Chase to build new HQ in midtown Manhattan

    New HQ first major project under NYC's Midtown East Rezoning plan
    It’s a season of change at JPMorgan Chase. The big bank recently committed to investing $20 billion in new branches and new hires following tax reform legislation. Now, the company announced plans to build a new, 2.5 million square feet, 70-story HQ at its 270 Park Avenue location, replacing the current 52-story building, which houses 15,000 of the bank’s employees.
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  • Roostify raises $25 million to fund growth of digital lending platform

    Powers digital mortgage process for JPMorgan Chase, others
    Roostify, which powers the digital mortgage process for lenders like Guild Mortgage and will soon serve as the backbone of JPMorgan Chase’s digital mortgage process, announced Thursday that it raised $25 million in its Series B funding round. The company plans to use the money to accelerate its growth.
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  • Jamie Dimon: Chase will soon offer digital mortgages on smartphones

    All credit extended is "super-prime"
    Speaking to CNBC, Jamie Dimon said the bank plans to offer an all-digital mortgage to its customers this year. Dimon added that consumers are “in very good shape,” adding that all the credit “extended in the United States,” is super-prime quality, and that includes mortgages. Click here to watch the full interview.
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  • JPMorgan Chase to invest $20 billion in new branches, new hires

    Bank to raise wages for second time in two years
    Today, JPMorgan Chase announced it is investing $20 billion over five years to help its employees and support job and local economic growth in the U.S. The long-term investment aimed at increasing and accelerating the company’s current growth comes on the heels of the Trump administration’s recently enacted Tax Cuts and Jobs Act.
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