In recent industry news, JPMorgan Chase has reported a significant increase in mortgage volume, reaching $11.4 billion, which reflects a 7% growth quarter over quarter. This growth demonstrates the bank’s strong performance in the mortgage market. On the other hand, Wells Fargo has also shown improvement in their mortgage business, delivering $5.5 billion in volume, representing a 4% increase in the same period.
Key points include:
– JPMorgan Chase reported a mortgage volume of $11.4 billion, a 7% increase quarter over quarter
– Wells Fargo delivered $5.5 billion in mortgage volume, a 4% increase in the period.
You can read this full article at: https://www.housingwire.com/articles/fed-rate-cut-more-mortgage-business-jpmorgan-chase-wells-fargo/(subscription required)
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