Chase To Hire 850 Mortgage Advisers, Increase Lending More Than 40%
$750 billion housing initiative aims to help 500,000 customers purchase homes, including 200,000 first-time buyers
Tagged: JP Morgan Chase
Housing Supply May Matter More Than Rates: JPMorgan
New report argues factory-built housing could lower construction costs, expand affordable inventory, and create more opportunities for first-time homebuyers
More Homebuyers Turn To Shared Ownership To Overcome Affordability Challenges
Rising housing costs are pushing buyers to pool incomes and assets, creating new opportunities for lenders and originators
JPMorgan Initiative Expands Focus On Homeownership And Community Lending
Dimon outlines long-term strategy to increase lending, local engagement, and support housing access as market conditions remain constrained
Banks Face Scrutiny As “Zombie” Second Mortgages Trigger New Foreclosures
Sen. Elizabeth Warren is seeking records to determine whether major banks violated the National Mortgage Settlement by selling supposedly extinguished second mortgages that later resurfaced as “zombie” debts leading to foreclosures
JPMorgan Chase 3Q Profits Down 17% YOY
While net income also fell from previous quarter, results still beat analysts expectations.
Bank Associations Sue The CFPB Over Discrimination Regulations
The lawsuit claims the CFPB is exceeding its statutory authority outlined in the Dodd-Frank Act.
Fannie Mae Announces Reperforming Loan Sale Results
The sale of approximately 5,460 loans totaling $663.3 million in unpaid principal balance was awarded to JP Morgan Mortgage Acquisition Corp.