http://blownmortgage.disqus.com/Mortgage and finance with a sarcastic bentenFri, 18 Jul 2008 11:55:07 -0000http://blownmortgage.com/2008/07/17/jp-morgans-ceo-calls-prime-mortgages-terrible/#comment-933321great point - the automated underwriting systems certainly played an<br>important role in putting folks in loans that they probably wouldn't<br>have qualified for with a manual underwrite.morganbFri, 18 Jul 2008 11:55:07 -0000http://blownmortgage.com/2008/07/17/jp-morgans-ceo-calls-prime-mortgages-terrible/#comment-933162That graph is certainly telling. It seems that the credit crisis may be a long way from the finish line. It is time to move away from formulas and automation and make a return to common sense underwriting.Kori LambertFri, 18 Jul 2008 11:38:59 -0000http://blownmortgage.com/2008/07/17/jp-morgans-ceo-calls-prime-mortgages-terrible/#comment-932491I agree! Finally some honesty out of someone.morganbFri, 18 Jul 2008 10:39:10 -0000http://blownmortgage.com/2008/07/17/jp-morgans-ceo-calls-prime-mortgages-terrible/#comment-932429It sucks, and it's going to get worse, and we're sorry. <br><br>What surprising (and refreshing) candor from a CEO!jbfloryFri, 18 Jul 2008 10:33:10 -0000