Updated: Chase Mortgage Wholesale Slimming Down - not closing

We've received multiple reports that Chase Mortgage Wholesale will be shutting down operations within 45 days and will no longer accept applications as of September 30th.  Apparently conference calls are happening nationwide to inform employees today.  If you can confirm these reports please email us at tips@blownmortgage.com. More, of course, as this develops. Update: Chase isn't closing wholesale, rather they're closing a bunch of ops/sales centers to streamline the operations.   From Chase:  As the leading U.S. wholesale lender in the mortgage industry, we intend to remain your lending resource by making changes to become even more efficient and effective over the long-term. Today, we are announcing plans to consolidate in four of our existing Wholesale Lending Regio