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"We've been buying some mortgages this morning.
They also held some mortgages themselves as an investment.
Other assets, like some mortgages, for example, will simply be paid off over time, he said.
That's been good news for those on the property market, and it has kept some mortgages cheap.
Railroad stocks, private bus companies, sports teams and even some mortgages have been subject to eminent domain.
Profit fell 15 percent from the second quarter, driven by a drop in lending volume and the repricing of some mortgages.
Similar(25)
Some mortgage executives take a different view.
But some mortgage brokers say that such passivity is declining.
Some mortgage brokers clearly encouraged borrowers to lie.
| E-mails imply JPMorgan knew some mortgage deals were bad.
But it's definitely taking on some mortgage risk.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com