JPMorgan Chase Calls a Bottom in Housing
- CNBC
JPMorgan Chase Calls a Bottom in Housing
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JPMorgan Chase Calls a Bottom in Housing
Tapped by the CEO Jamie Dimon in February of 2011 to fix JPMorgan Chase's mortgage business, chief administrative officer Frank Bisignano was the bank's lead man during the negotiations with the Federal government and state attorneys general over a mortgage servicing settlement. Bisignano said the recently signed $25 billion dollar deal is a positive for the five banks involved, homeowners and the housing market, a market he said is now at a bottom.
CNBC | February 16, 2012
