JPMorgan Chase said it will sell a Melbourne mortgage banking and borrower assistance operation, which employs about 400 people, to Wingspan Portfolio Advisors.
A JPMorgan representative said in a statement that a steadily improving housing market means fewer homeowners are falling behind on their mortgage payments, and the bank doesn’t need as many resources to service and pursue defaults.
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J.D. Power’s 2019 U.S. Primary Mortgage Origination Satisfaction Study, released Thursday morning, showed that there are some lenders that customers seem to love working with more than others. Here are the ones that borrowers are partial to.
The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021.