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Follow on Google News | Socially Responsible Lending: How "Big Banks" Fall ShortHypocrisy in lending is unacceptable--especially when many of the "Big Banks" received billons of dollars from the government to help homeowners. They are now turning their backs and acting "holier than thou."
By: Christopher Patrick King “Principal write-down for people who could pay their mortgages? Yeah, that’s off the table,” Dimon said (CNNMoney.com, “JPMorgan’ I find it abhorrent that the CEO of one of America’s largest banks is so cavalier about the lives of “ordinary” When I say that CPK Mortgage believes in “Socially Responsible Lending,” I mean that primacy rests with our clients and with our localities. Assisting families with their dreams of homeownership, putting people into better financial positions and giving back to the community through service: these are values that American banking companies should emulate. This is what we are all about at CPK Mortgage. End
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