General World News

Rising home prices are fueling the private-label market

HW+ JPMorgan Chase

J.P. Morgan, through its private label conduit, J.P. Morgan Mortgage Trust, so far this year has sponsored 13 private-label securitization offerings backed by jumbo loans valued at $13.8 billion.

Those offerings, current through the end of October, involved more than 14,000 jumbo mortgages, according to bond-rating agency presale reports. The data show that J.P. Morgan has been a dominant force in the jumbo-loan securitization market so far this year.

MAXEX, an Atlanta-based digital mortgage exchange in which J.P. Morgan is an investor, issued a report this month details ⇒

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