Chase Names Frank Bisignano Head of Mortgage Lending

JPMorgan Chase has named Frank Bisignano as the company's new head of mortgage lending. Current Chase chief administrative officer, Bisignano will take over the company's mortgage lending unit from Dave Lowman. Bisignano will report to Chase's head of the retail banking operations, Charlie Scharf, on home lending affairs and continuing to report to Chase Chief Executive Jamie Dimon in his role as chief administrative officer. "Our home lending business has gone through a period of enormous challenge and change," said Dimon. "We recognize how much we've accomplished, but know we still have a great deal of work ahead of us." For more information, visit www.chase.com.