Add the name of JPMorgan Chase to the list of residential lenders that is hiring these days. On Tuesday the bank-owned mortgage company is holding a job fair in Tyson's Corner, Virginia. Chase is looking to hire loan processors, closers, team managers, and a supervisor. Earlier this year the company said it was planning to add several LOs to its ranks. It appears that several mortgage bankers experiencing strong refi application volume are staffing up. Of course, the refi boom won't last forever. Will the purchase money business revive soon? Stay tuned…
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The promotion offers rate cuts as much as 25 basis points on new-home purchases as well as rate-and-term and cash-out refinance loans from May 4 through May 17.
7h ago -
"In looking at eight currently available proprietary RM products, there is a distinct relationship between HECM growth rates and proprietary product availability," Reverse Market Insight said.
7h ago -
The top bullet point in Two Harbors' rejection notice is the Mizuho credit facility does not constitute committed financing for UWM to pay for the deal.
9h ago -
The combination adds to a wave of broader merger and acquisition activity that includes an ongoing bidding war over RoundPoint Mortgage owner Two Harbors
May 4 -
The litigants, with some of the industry's deepest pockets, may be filing the rare cases to flag and potentially punish bad brokers, one expert said.
May 4 -
Market watchers think Jerome Powell will maintain a low-key presence on the Fed board as he awaits the release of an inspector general report examining cost overruns at the central bank's headquarters.
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