May

15

Chase Wholesale No Longer Offering Subprime and Home Equity

Filed Under Credit, Credit Deterioration, Depreciation, HELOC, Home Equity Line of Credit, Home Equity Loan, Lenders With Problems 2008, Mortgage Delinquencies, Mortgage Fraud, Mortgage Implosion, Mortgage News 
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As we continue to analyze and manage our product set, Chase has made the decision to discontinue offering our Subprime and Home Equity products through our Wholesale channel.

New Wholesale Subprime and Home Equity registrations will not be accepted after Friday, May 16, 2008.

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