J.P. Morgan Chase Plans to Hire 1,200 New Loan Officers
J.P. Morgan Chase & Co. announced its plans to hire 1,200 new loan officers by the end of 2010 in an effort to as the bank moves to increase its home loan sector.
The New York-based financial institution stated that hiring the new officers will grow its home loan sales force by 60% which will be used to help Chase customers purchase and refinance homes.
New loan officers will be distributed across branches in 23 states including California, Florida and Texas and large cities such as New York and Chicago.
"We have invested in new systems, aggressively grown our capacity and now are looking to increase our sales force," Dave Lowman, head of home lending at Chase, said in a statement.
Lowman said the aim is to make certain that Chase branches are sufficiently staffed and that the bank is "well positioned when the housing market fully recovers."
Chase services $1.1 trillion home loans and originated $37.1 billion in mortgages in the last quarter through more than 5,100 branches across the country.
Posted on Wednesday, November 11, 2009 by admin
|
|
| |
Don't have an account yet? You can create one. As a registered user you have some advantages like theme manager, comments configuration and post comments with your name.
|
|
