The Latest

These banks are pulling back from mortgage lending. Here’s what that means to the housing market

These banks are pulling back from mortgage lending. Here’s what that means to the housing market

The Federal Reserve is buying up hundreds of billions of dollars of mortgage-backed securities, boosting liquidity for banks and encouraging them to lend more...

These banks are pulling back from mortgage lending. Here’s what that means to the housing market
Wells Fargo, JPMorgan Chase and Citigroup each recorded a rise in second quarter profits in their consumer divisions (Credit: iStock)

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut

Spurred by low interest rates, consumers are taking out more mortgages, bolstering the profits of banks’ consumer divisions. But...

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut
Chase branch at 6916 Collins Avenue with Roberto Susi and Jose Sasson of Axiom Capital Advisors

If you can’t beat ‘em, join ‘em: JP Morgan buys North Beach branch

If you can’t beat ‘em, join ‘em? Amid a surge of redevelopment in North Beach, J.P. Morgan bought its...

If you can’t beat ‘em, join ‘em: JP Morgan buys North Beach branch
We Company seeks $2.75B credit line ahead of IPO

We Company seeks $2.75B credit line ahead of IPO

Ahead of what would be the second largest initial public offering of the year, the We Company is in...

We Company seeks $2.75B credit line ahead of IPO
JPMorgan is latest bank to shrink its mortgage division with 400 layoffs

JPMorgan is latest bank to shrink its mortgage division with 400 layoffs

One of the largest mortgage lenders in the country is laying off about 400 of its consumer mortgage banking...

JPMorgan is latest bank to shrink its mortgage division with 400 layoffs
National Cheat Sheet: Home loan demand hits 4-year low, Freddie Mac CEO retiring … & more

National Cheat Sheet: Home loan demand hits 4-year low, Freddie Mac CEO retiring … & more

Home loan originations hit a 4-year-low in the second quarter, report says Interest rates are rising, and the demand for home loans has hit...

National Cheat Sheet: Home loan demand hits 4-year low, Freddie Mac CEO retiring … & more
Nonbank mortgage lending skyrockets in Q1: report

Nonbank mortgage lending skyrockets in Q1: report

Nonbank mortgage lending jumped nationwide in the first quarter of 2018 as some of largest banks continued to show...

Nonbank mortgage lending skyrockets in Q1: report
National Cheat Sheet: US house-flipping hits 12-year high, study shows that REITS with more female board members get higher returns … & more

National Cheat Sheet: US house-flipping hits 12-year high, study shows that REITS with more female board members get higher returns … & more

Houses are flipping at the highest level since 2006 From TRD NYC: More than 207,000 condominiums and single-family house were flipped in 2017 —...

National Cheat Sheet: US house-flipping hits 12-year high, study shows that REITS with more female board members get higher returns … & more
Who will lead JPMorgan Chase next?

Who will lead JPMorgan Chase next?

Last month, JPMorgan Chase’s chairman and chief executive James Dimon announced he would be stepping down in five years. Though an unusual move for the bank, the announcement is part of a larger trend...

Who will lead JPMorgan Chase next?
National Cheat Sheet: Multifamily building boosts US housing starts, mortgage rates hit highest level since 2014 … & more

National Cheat Sheet: Multifamily building boosts US housing starts, mortgage rates hit highest level since 2014 … & more

Multifamily building leads US housing starts higher in January From TRD NYC: A 19.7 percent increase in residential rental and condominium starts lead to...

National Cheat Sheet: Multifamily building boosts US housing starts, mortgage rates hit highest level since 2014 … & more
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...