LSF5 Mortgage Operations LLC

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What JPMorgan Didn’t Get: Lone Star Picks Up Bear Res

May 30, 2008By

(Update 2: Adds confirmation from Lone Star; adds confirmation on EMC Mortgage) As JPMorgan Chase & Co. [stock JPM][/stock] formally brings Bear Stearns Cos. into the fold on Friday, one key aspect of the former Wall Street giant won’t be crossing over — Bear Stearns Residential Mortgage Corporation, commonly known as Bear Res.

3d rendering of a row of luxury townhouses along a street

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