Shutdown Imminent for Chase Home Equity & Subprime?
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2008-05-15 — ml-implode.com
Chase has a conference call scheduled at 12pm EST for staff in it's Home Equity and Subprime Wholesale divisions, to be followed by another call to their Prime Wholesale at 1pm.
A source writes "After cancelling attendance at all upcoming broker conferences, most think these channels are going to be shut down and integrated into Prime Wholesale."
Additional reports will be forthcoming.
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