Business · 10/06/1999Updated: 10/17/2026 · 1 min read

Bank of America Grants Authority to JPMorgan Chase to Sell Off Mortgage Assets

Summary

Bank of America has delegated authority to JPMorgan Chase to conduct the sale of its mortgage assets, including loans and other properties, as part of a broader effort to reduce its balance sheet and improve its financial health.

Original source language: Federal Register — Small Business AdministrationOpen original release →

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