Mortgage production increased at Bank of America (BofA) in the second quarter of 2024 compared to the previous three months, but the bank’s home loan volumes were still lower than those delivered in the same period last year.

Competitors Wells Fargo, JPMorgan Chase and Citi showed the same trend when opening the Q2 2024 earnings season for mortgage businesses on Friday. Nonbanks Rocket Mortgage, United Wholesale Mortgage, loanDepot, details ⇒

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