JPMorgan Chase

Land leases, ARM buydowns emerge as lending options while mortgage rates stay elevated

Mortgage lenders are getting creative to combat the housing affordability crisis fueled by rising interest rates, rolling out novel products and blending existing options to keep borrowers in the market. Bayview Asset Management — which closed its acquisition of Guild Mortgage in November — rolled out a new program on Monday. Partnering with real estate […]

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Anthropic launches bank-friendly AI agents, vendor alliances

Key insight: Anthropic, a company that was designated a supply chain risk by the Pentagon a little over a month ago, has been embraced by large banks and their vendors. Expert quote: “The largest institutions have the ability to explore this space at a scale and with a degree of experimentation that a mid-market bank

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Chase Home Lending offers temporary mortgage rate discount

Chase Home Lending is offering a mortgage rate discount for the next two weeks to boost activity in the second half of the spring homebuying season. Processing Content The promotion offers rate cuts of as much as 25 basis points, depending on product and location, on new-home purchases as well as rate-and-term and cash-out refinance

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Chase, Wells mortgage slump: what it means for non-banks

Quarter-to-quarter mortgage production at both JPMorgan Chase and Wells Fargo fell by about 2.5 times more than what the Mortgage Bankers Association is predicting for the industry, a Keefe, Bruyette & Woods flash note commented. Processing Content The MBA’s March forecast called for $1.46 trillion in volume for the first quarter, with just a $21

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HousingWire Mortgage Rankings: Rocket leads 2025 top originators

Shant Banosian doesn’t believe that retail mortgage lenders are at a cost disadvantage when pitted head-to-head against wholesale competitors. Banosian, the Massachusetts-based originator and president of Chicago-based Rate, pointed to data showing that independent mortgage banks (IMBs) and their retail-heavy presence are responsible for 84% of single-family mortgages in the U.S. Although wholesale lenders do

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Trump’s JPM lawsuit unlikely to succeed, experts say

What’s at Stake: The lawsuit accuses JPMorganChase of trade libel and breach of good faith, claiming CEO Jamie Dimon violated Florida’s Unfair and Deceptive Trade Practices Act.  Supporting Data: Under commercial law and bank account agreements, banks can close accounts at any time for any reason, leading many experts to call the suit “frivolous.” Forward

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Judge consolidates SitusAMC class actions after November data breach

A federal judge in New York has consolidated multiple lawsuits stemming from a data breach at SitusAMC Holdings Corp. in November 2025, combining a newly filed case with an existing class-action suit to streamline proceedings. On Wednesday, Judge Lewis J. Liman of the U.S. District Court for the Southern District of New York granted an

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JPM’s 4Q gain-on-sale drop off a negative sign for IMBs

Mortgage originations for JPMorgan Chase were “modestly” over what analysts expected, but even with the increase in the retail channel share, gain on sale was down. Processing Content This is an early downbeat sign for the independent mortgage banking community, a report from Keefe, Bruyette & Woods indicates. Chase is the first large bank to

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Chase launches new anti-scam program

Key insight: JPMorganChase is launching its largest-ever anti-scam initiative, adding “trusted contacts” and dedicated intervention teams to fight record-high fraud. What’s at stake: Consumer advocates say the plan lacks a critical component: better reimbursement for scammed consumers, who rarely recover money from “authorized” payments. Supporting data: Americans lost an estimated $158.3 billion to fraud in

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Octaura adds CFO, Cristina Kim, in continued expansion bid

Octaura, an electronic trading platform for syndicated loans and collateralized loan obligations (CLOs) has appointed Cristina Kim as chief financial officer, to oversee the company’s financial strategy following a major fund raise earlier this year. “Cristina’s deep market and investment expertise will be instrumental as we expand Octaura’s platform and partnerships, and continue to modernize

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