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MoodyÕ downgrades JPMorgan prime jumbo residential mortgage loans 

Aug 27, 2018By

Moody’s announced it is downgrading its assessment for JPMorgan Chase’s jumbo residential mortgage originator from strong to above average. This change was driven by a significant increase in loans acquired from Chase’s correspondents with delegated underwriting authority. But Chase disputed the downgrade, saying it was based on insufficient information.

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

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