Chase Home Finance to Receive Lending Award at National Rural Housing Summit.Business Editors NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & WASHINGTON--(BUSINESS WIRE)--June 16, 2003 Mortgage CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Steve Rotella Will Accept Award for Increasing Access to Affordable Home Mortgage Credit in Rural America The United States Department of Agriculture United States Department of Agriculture (USDA), n.pr established in 1862, USDA is responsible for the safety of meat, poultry, and egg products. It conducts ongoing research in areas from human nutrition to new crop technologies and also helps ensure open today is hosting the National Rural Housing Summit at the National Press Club, where it will recognize Chase Home Finance, the mortgage division of JPMorgan Chase JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1. Bank, for its outstanding contributions to the goals of the Rural Housing Program. At the award ceremony, Stephen J. Rotella, chief executive officer of Chase's mortgage division, will be recognized for his leadership in increasing access to affordable housing credit in rural America. Chase Home Finance is the #1 lender to the Rural Housing Program. "Chase has an ongoing, serious commitment to meeting the home financing needs of traditionally underserved borrowers, across the economic spectrum and across the country" said Rotella. "Chase Home Finance has long been a top lender to the USDA USDA, n.pr See United States Department of Agriculture. Rural Housing Program and we are glad to celebrate our common goals here today." To signify its commitment to increasing homeownership, Chase Home Finance announced in January its Chase DreaMaker(TM) Commitment ("Dream Maker")-- an unprecedented $500 billion commitment through 2010, providing increased home financing to minority borrowers across the full economic spectrum, low-to-moderate income borrowers and new immigrant families nationwide. Chase's commitment to increasing minority homeownership has been recognized by the USDA as a model for all mortgage lenders to follow in answering President Bush's call to make homeownership accessible to all members of our society. Chase Home Finance was the first mortgage lender to become an official Blueprint Partner in this White House Initiative. "Chase has been committed to the Rural Housing Program since its inception, and we are pleased to be recognized for this 11 year commitment to opening the doors to homeownership across rural America" " said Jack Jones, vice president of Chase's Rural Housing Channel. "The Rural Housing Program is critical to creating real homeownership opportunities and we are proud to be the top lender in this much-needed affordable housing program." The Chase Home Finance business is headquartered in Edison, New Jersey Edison Township (usually known as Edison) is a township in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the township had a total population of 97,687, making it at the time the fifth largest municipality in New Jersey. As of the U.S. . It is one of the largest residential mortgage lenders and employs nearly 14,000 people in major servicing and operations sites and has more than 300 offices across the country. Lending entities within the Chase Home Finance business include Chase Manhattan Mortgage Corporation, Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. USA NA and JPMorgan Chase Bank. J.P. Morgan Chase & Co. is a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm with assets of $755 billion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, investment management, private banking and private equity. A component of the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. , JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers nationwide, and many of the world's most prominent corporate, institutional and government clients. Information about JPMorgan Chase is available on the internet at www.jpmorganchase.com. |
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