General World News

Q2 mortgage volumes improve at Wells Fargo, JPMorgan and Citi

Wells Fargo, JPMorgan Chase and Citi opened the second-quarter earnings season in the mortgage space on Friday by showing strong increases in sales volumes from April to June compared to the previous quarter. But it was not enough to bring home loan originations to year-ago levels. 

Among the three depositories, JPMorgan was the leader in mortgage production with $10.7 billion volume in Q2 2024, up 62% quarter over quarter but down 4% year over year. Its retail volume came in at details ⇒

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