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Trouble in the mortgage markets is not fazing JPMorgan Chase(JPM Quote), which is actually looking to add personnel to its lending unit.
During a presentation at the Merrill Lynch Banking & Financial Services Conference on Tuesday, CEO Jamie Dimon said the firm was looking to build its six core businesses: Banking, retail, credit cards, commercial banking, treasury and securities services and asset management.
JPMorgan is also looking to expand its mortgage business. The move is contrary to other lenders and banks including Countrywide Financial(CFC Quote), which has had to slash thousands of jobs as a result of declining originations and a general malaise over the mortgage industry. ...
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