JPMorgan Chase

Loans grew 6% at JPMorgan Chase, but the bank is "not going to be stupid" and assume that will last forever, its CEO says. Here are some precautionary steps it's taking.

Wells Fargo and JPMorgan Chase had reduced mortgage-related earnings in the fourth quarter as home loan activity continues to fall short of expectations.

From a housing market in turmoil and the technology to save it to the myriad new faces in both the industry and Washington, here's a look back at some of the biggest and most read mortgage and housing stories of 2018.

Orlando real estate broker Geo Geovanni, 49, was found guilty in federal court of one count of conspiracy to commit bank fraud and three counts of bank fraud, the U.S. Attorney's office announced.

If the predictions prove correct, the benchmark rate would reach 3.50% by the end of next year.

Most millennials are purchasing fixer-uppers in order to afford a house, with 75% planning to finance renovations by tapping the equity in their home, according to a Chase Home Lending report conducted with Pinterest.

A Queens, N.Y., man who helped defraud mortgage lending units at Bank of America, Chase Bank and AmTrust is now facing 21 months in prison and three years of supervised release.

The result could play a big role in whether banks see more regulatory relief next year or policymakers can coalesce around a housing finance reform plan.

Rising mortgage interest rates not only will continue to constrain banks' once-robust revenue from this business, they will also affect existing borrower credit quality, a report from Moody's said.

Providing borrowers with an incentive to create financial reserves after closing is a better tool to prevent mortgage loan defaults than measures taken at underwriting, a JPMorgan Chase Institute study declared.

Mortgage-related earnings at five banks were lower due to the effect of higher interest rates on loan volume this year, even though late-season homebuyers improved consecutive-quarter origination numbers at three companies.

JPMorgan Chase is eliminating 400 positions in its mortgage banking unit, the latest lender to trim staff as a result of lower-than-expected demand in 2018.

Residential mortgage loan exchange provider Maxex has closed a new $38 million funding round it will use to improve and expand various aspects of its platform.

Moody's Investors Service downgraded JPMorgan Chase's prime jumbo mortgage originator assessment to its second-highest rating, citing the bank's growing reliance on correspondents with delegated underwriting authority and shortcomings in its technology infrastructure.

Nearly half the loans were derived outside J.P. Morgan's retail channel, a level not seen in its conforming and prime jumbo securitizations since 2017.

This year's sluggish spring home buying season led to generally softer mortgage-related second quarter results at Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group, but First Republic Bank bucked the trend.

Banks could shed as much as 20 million square feet of office space over the next five years as they shift many functions to high-tech operations centers in markets with cheaper rents.

The Dallas housing market gets top marks in a new consumer study by JPMorgan Chase.

From the latest economic news to the latest developments in digital mortgages, here's a look at six things we learned at the MBA Secondary Conference 2018.

JPMorgan Chase has largely sat on the sidelines of Federal Housing Administration lending due to compliance concerns. But recent regulatory relief efforts have Chase Home Mortgage CEO Mike Weinbach eyeing an opportunity to jump back in.