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JP Morgan (JPM Quote) managed to weather the summer's credit crunch, which was brought on by bad mortgage loans made to borrowers with shaky credit histories. So what's next for the New York banking titan?
Why, an expansion of its mortgage business, CEO Jamie Dimon said Wednesday morning on a conference call following JPMorgan's better-than-expected third-quarter earnings.
"We're taking this time to build our mortgage business," Dimon said. "We love the business. We think it's a critical product." ...
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