Tag: loan originations
JPMorgan Chase 3rd Quarter Profits Plummet 17%
JPMorgan Chase 3rd Quarter Profits Plummet 17% But They Still Beat Analysts Expectations JPMorgan Chase 3rd quarter earnings report is full of a mixed news. The bad news is that the bank’s profits plummeted by 17%. Yet, the report indicated the bank faired better than analysts expectations even as its net income fell. The JPMorgan…
Mortgage Loan Originations Down 57%
Mortgage Loan Originations Down 57% Since Beginning Of The Year. Rate Locks Fell 8.9% In August Black Knight Inc. says mortgage loan originations fell by 57% since the beginning of the year and in August, they fell to a four-year low. Originations also fell nearly 9% from July. The mortgage data provider released its Optimal…
Mortgage Originations Continue To Free Fall At JPMorgan Chase
JP Morgan Chase Executives Panic As Mortgage Originations Continue to Free Fall JPMorgan Chase leaders continue to panic as mortgage originations continue their free fall. It’s not pretty for JPMorgan Chase as mortgage originations continue to free fall. This is after the bank laid off hundreds of mortgage employees. Chase reported double digit declines in…