JPMorgan Chase

Mortgage-bond investors will need to absorb about 26% more agency MBS supply in 2020 as both home sales and prices continue to climb, according to the average estimate of six of Wall Street's biggest dealers.

JPMorgan Mortgage Trust 2019-10 is a securitization of 388 prime-quality, large-loan mortgages that are mostly considered non-conforming, but meet qualified-mortgage (ability-to-repay) standards of the Consumer Financial Protection Bureau.

Lenders have bundled more than $18 billion worth of non-QM, private-label loans into bonds this year that they then sold to investors, a 44% increase from 2018 and the most for any year since the securities became common post-crisis.

JPMorgan Chase may be leading the next trend for banks seeking to shift risk away from their mortgage portfolios — if regulators give Wall Street the green light.

Warriors guard Jacob Evans' welcome-to-San Francisco moment came in late August.

The housing finance industry supports a proposed rule revision that would exempt banks regulated by the Federal Deposit Insurance Corp. from an RMBS disclosure requirement.

Origination volumes continued to drift upward at JPMorgan Chase and Wells Fargo in the third quarter as mortgage servicing rights values fell more sharply than some analysts expected.

The firm’s financial woes are mostly a result of overspending, but they have raised questions about how banks’ commercial real estate portfolios might fare if the coworking sector implodes.

With housing affordability still a prominent hurdle to homeownership, prospective buyers — especially millennials — now get creative in order to find suitable homes, according to Chase and the Property Brothers.

While no one is suggesting that the plan will help banks regain the share they've ceded to nonbanks, bankers believe that stabilizing Fannie Mae and Freddie Mac could at least help them keep what they have.

The bank started buying more Treasurys and mortgage-backeds over a year ago, long before talk about rate cuts. What did it know that its rivals didn't?

Wells Fargo and JPMorgan Chase recorded stronger mortgage originations in the second quarter as rates fell, but profits from single-family loans were lower than a year ago due to decreased servicing revenue.

Many banks have already scaled back home lending or even left the business. With profit margins shrinking, inventories of homes at crisis levels and competition from nonbanks intensifying, that’s unlikely to change.

Wells Fargo hired two seasoned veterans for their mortgage technology and data security expertise amid a digital era for financial industries.

With prospects for government-sponsored enterprise reform improving, players in the private residential mortgage-backed securities market are starting to think about how they could better compete against the GSEs while awaiting change.

After issuing five RMBS deals of prime jumbo loans in 2019, JPMorgan has gathered a pool of 919 investor-only properties for its next mortgage securitization.

Private-label mortgage securitizations with variable servicing fee arrangements could become more common going forward as issuers look to increase investor cash flow while reducing the loan servicer's economic exposure, Fitch said.

JPMorgan Chase's Corporate Client Banking and Specialized Industries Mortgage group is now accepting electronic promissory notes as collateral to fund warehouse loans.

Historically, rising interest rates have enabled banks to earn more, but this time around in the banking industry, like much else, things are a little different.

Marianne Lake, seen in recent months as a leading candidate to replace CEO Jamie Dimon, got the post she may have needed to round out her resume — consumer lending chief. And Jennifer Piepszak, another rising star at the company, will take over as CFO from Lake.