JPMorgan Chase
Latest Posts
Chase Brings on 250 to Servicing Center
Jul 27, 2009JP Morgan Chase [stock JPM][/stock] bucked a national trend of shaving head counts as it continues to participate in the federal government’s Home Affordable Modification Program (HAMP). Since it began offering mortgage modifications through HAMP in April, Chase modified 138,000 loans currently in the program’s trial period and as of June said an additional 155,000 applications are in the review process. To handle an increase in demand for loan refinancing and modifications, Chase brought on 250 temporary workers to its mortgage servicing center in Monroe, La.
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