JPMorgan Chase Bank has agreed to buy about $5 billion in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations. Continue reading
Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing. Continue reading
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. An investor who correctly predicted the 2008 f… Continue reading
The Tesla CEO just predicted a coming collapse in the housing market, but Redfin CEO Glenn Kelman and other experts say the conditions that would lead to a meltdown just aren’t there. Continue reading
Story, a property management platform aimed at helping landlords, managers and tenants, is the banking giant’s attempt to put JPMorgan at the center of a $500 billion rental housing industry. Continue reading
Anticipating a high demand for homes, a research team at JPMorgan Chase is bullish on several real-estate stocks and investment trusts, according to a new analysis. Continue reading
The new bond products offer higher yields in a low-interest-rate environment. But if the loans go bad, investors are on the hook. Continue reading
The banking giant will provide low-cost loans, equity and grants for nonprofits and other groups that work with Black and Latino households on affordability issues. Continue reading
Refinances are decreasing as purchases take over market share. These top 10 purchase lenders from 2020 are best prepared to dominate lending in 2021. Continue reading
Mortgage lenders saw record volume in 2020, with refinances leading the way. Here are the top lenders that dominated refinances last year. Continue reading