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Real Estate & Property Law

: Housing Wire

Chase Shutters WaMu Warehouse Division

By DIANA GOLOBAY

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JP Morgan Chase & Co. (JPM: 23.34 +1.26%) has said it is closing the warehouse lending division it bought from Washington Mutual. “Chase bought WaMu’s warehouse lending business last spring,” a company spokesperson told HousingWire. “We decided it didn’t fit our long-term strategy. This decision affects less than 10 active customers and about two dozen [...]

Full post as published by Housing Wire on February 27, 2009 (boomark / email).

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