JPMorgan Chase and Wells Fargo & Co., two of the nation’s largest banks, each faced a double-digit decline in their mortgage origination volumes in the third quarter of 2022. And the coming days don’t look any kinder: the banks’ top executives said on Friday the landscape remains challenging due to macroeconomic and geopolitical issues. 

That’s a taste of what to expect from other mortgage lenders who have yet to report third-quarter results. 

Wells Fargo’s chief executive officer, Charlie Scharf, said in a statement that the bank is “closely monitoring risks” related to high details ⇒

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