We all have heard for quite some time now that Chase is going to begin using equator, but it has yet to take place. It seems it may be closer now than ever before. A negotiator at Chase yesterday took down our email address and stated that it was for preparation of the equator system taking effect. We proceeded to dig deeper and were advised by a different negotiator that they were planning on rolling equator out in October. The negotiator stated that they had doubts about it actually taking place this October, but that it officially should be implemented shortly. We can only hope that a major change like moving to equator that we are not going to experience a slow down as we have with other lenders going through the transition period.