Is Chase Actually Rolling Out Equator Now?

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.

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Comment by Dawn Marie Richeal on October 3, 2012 at 2:27pm

I spoke to Chase yesterday and they told me they were up and glitching and the glitches would be fixed by October 15.  I checked Equator and you cannot initiate a short sale with Chase through the website yet.  Hope this helps.

Comment by Terry McCarley on October 3, 2012 at 1:04pm

I recently met with Chase regarding their upcoming changes and it was indicated that they will be starting to use Equator.

Comment by Denise Nuno on September 28, 2012 at 12:34pm

I recently attended a Chase Preferred Real Estate Agent meeting where the Equator roll-out was discussed. Yes, they are going to be using Equator but, at least at first, it will be optional. Agents who do not want to use Equator will be able to do business with Chase as usual.

Comment by Mike Linkenauger on September 28, 2012 at 12:00am

John Reiger told me that about six months ago it was happening "next month".  Looks like it is FINALLY going to happen!


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