JPMorgan's Prime Mortgages Causing Losses; Could Triple

It’s not just subprime anymore.The NYTimes reports that James Dimon, the boss at JPMorgan, said that losses stemming from “prime” mortgage loans could triple in the coming months."So far, the pain in the mortgage crisis has been concentrated in so-called subprime loans, which were given to those with poor credit histories.JPMorgan has weathered the subprime downturn better than many of its peers.