Leading mortgage lenders Wells Fargo, JPMorgan Chase, and Citi experienced substantial growth in home loan production during the second quarter of the year. The following key points highlight the significant increases in mortgage activity for these industry giants:
– Wells Fargo reported a double-digit jump in home loan production from April to June, demonstrating a strong performance in the mortgage lending sector.
– JPMorgan Chase also saw a notable increase in their home loan production during the same period, further showcasing the upward trend in mortgage activity.
– Citi experienced significant growth in their mortgage lending business, with double-digit gains in home loan production compared to the previous quarter.
Overall, these results indicate a positive outlook for the mortgage industry as major lenders continue to see robust increases in home loan production, reflecting a promising trend for the housing market as a whole.
You can read this full article at: https://www.housingwire.com/articles/q2-mortgage-volumes-improve-at-wells-fargo-jpmorgan-and-citi/(subscription required)
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