Looser mortgage lending requirements would boost US economy: JPMorgan

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Looser mortgage lending requirements would boost US economy: JPMorgan

In a year when the economy is expected to perform exceptionally well, there may still be opportunities for more growth, including mortgage lending, according to JPMorgan Chase ( JPM) executives Commenting during the company’s earnings call, CEO Jamie Dimon said loosening mortgage lending requirements is something that he would like to see, adding there are probably people who deserve credit who are being declined.

Written by ddn1515

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