Two years after HELOC pullback, JPMorgan again eyes the business
Two years after HELOC pullback, JPMorgan again eyes the business
The nation's largest bank indicated Monday that it may again offer home equity lines of credit to a wide audience. Rising mortgage rates have made the product more attractive after a long drought when low rates suppressed demand.
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The nation's largest bank indicated Monday that it may again offer home equity lines of credit to a wide audience. Rising mortgage rates have made the product more attractive after a long drought when low rates suppressed demand.
The nation's largest bank indicated Monday that it may again offer home equity lines of credit to a wide audience. Rising mortgage rates have made the product more attractive after a long drought when low rates suppressed demand.
JPMorgan Chase is laying off hundreds of home-lending employees and reassigning hundreds more this week as rapidly rising mortgage rates drive down demand in what had been a red-hot housing market.ย The total affected will be more than 1,000 workers, with about half moved to different divisions within the biggest U.S. bank, according to people familiar with the matter who asked not to be identified discussing personnel matters.ย ANDREW HARRER/BLOOMBERG NEWS โOur staffing decision this w...
JPMorgan Chase is laying off hundreds of home-lending employees and reassigning hundreds more this week as rapidly rising mortgage rates drive down demand in what had been a red-hot housing market.ย The total affected will be more than 1,000 workers, with about half moved to different divisions within the biggest U.S. bank, according to people familiar with the matter who asked not to be identified discussing personnel matters.ย ANDREW HARRER/BLOOMBERG NEWS โOur staffing decision this w...
Wells Fargoโs head of consumer lending is leaving just two years after being hired by CEO Charlie Scharf.Mike Weinbach, whom Scharf poached from JPMorgan Chase in the early days of his tenure, will leave Wells Fargo in mid-September to help the division transition to its new leader. Kleber Santos, the bankโs head of diverse segments, representation and inclusion, became the consumer lending groupโs new chief on Monday.The departure comes as the $1.9 trillion-asset Wells Fargo continues co...
Wells Fargoโs head of consumer lending is leaving just two years after being hired by CEO Charlie Scharf.Mike Weinbach, whom Scharf poached from JPMorgan Chase in the early days of his tenure, will leave Wells Fargo in mid-September to help the division transition to its new leader. Kleber Santos, the bankโs head of diverse segments, representation and inclusion, became the consumer lending groupโs new chief on Monday.The departure comes as the $1.9 trillion-asset Wells Fargo continues co...
Freedom Mortgage has moved on from RoundPoint Mortgage Servicing Corp. barely two years after it closed on the acquisition.Matrix Financial Services, a subsidiary of real estate investment trust Two Harbors Investment, agreed to purchase RoundPoint at a $10.5 billion premium to the servicer's tangible net book value.Matrix already agreed to use RoundPoint as its subservicer prior to the closing date, which was given as sometime in 2023. Loan transfers to the RoundPoint platform are expected to ...
Freedom Mortgage has moved on from RoundPoint Mortgage Servicing Corp. barely two years after it closed on the acquisition.Matrix Financial Services, a subsidiary of real estate investment trust Two Harbors Investment, agreed to purchase RoundPoint at a $10.5 billion premium to the servicer's tangible net book value.Matrix already agreed to use RoundPoint as its subservicer prior to the closing date, which was given as sometime in 2023. Loan transfers to the RoundPoint platform are expected to ...
As the housing market cools, builders reflect on what changed โ and what the future holds
As the housing market cools, builders reflect on what changed โ and what the future holds
Keller Williams parent company CEO Carl Liebert left the real estate franchise effective Wednesday โย less than two years after assuming the role, Darryl Frost of the Keller Williams public relations team confirmed.
Liebert left the Austin, Texas-based company to "pursue other opportunities," according to an email Keller Williams executive chairman Gary Keller sent to company leaders and employees Wednesday.
Keller Williams has a major presence in the Milwaukee residential real estate marke...
Keller Williams parent company CEO Carl Liebert left the real estate franchise effective Wednesday โย less than two years after assuming the role, Darryl Frost of the Keller Williams public relations team confirmed.
Liebert left the Austin, Texas-based company to "pursue other opportunities," according to an email Keller Williams executive chairman Gary Keller sent to company leaders and employees Wednesday.
Keller Williams has a major presence in the Milwaukee residential real estate marke...
Keller Williams parent company CEO Carl Liebert left the real estate franchise effective June 1 โย less than two years after assuming the role, Darryl Frost of the Keller Williams public relations team confirmed.
Liebert left the Austin-based company to "pursue other opportunities," according to an email Keller Williams executive chairman Gary Keller sent to company leaders and employees Wednesday.
Liebert was named CEO in October 2020, when Keller Williams announced that KWx would be the n...
Keller Williams parent company CEO Carl Liebert left the real estate franchise effective June 1 โย less than two years after assuming the role, Darryl Frost of the Keller Williams public relations team confirmed.
Liebert left the Austin-based company to "pursue other opportunities," according to an email Keller Williams executive chairman Gary Keller sent to company leaders and employees Wednesday.
Liebert was named CEO in October 2020, when Keller Williams announced that KWx would be the n...
Keller Williams parent company CEO Carl Liebert left the real estate franchise effective June 1 โย less than two years after assuming the role, Darryl Frost of the Keller Williams public relations team confirmed.
Liebert left the Austin-based company to "pursue other opportunities," according to an email Keller Williams executive chairman Gary Keller sent to company leaders and employees Wednesday.
Liebert was named CEO in October 2020, when Keller Williams announced that KWx would be the n...
Keller Williams parent company CEO Carl Liebert left the real estate franchise effective June 1 โย less than two years after assuming the role, Darryl Frost of the Keller Williams public relations team confirmed.
Liebert left the Austin-based company to "pursue other opportunities," according to an email Keller Williams executive chairman Gary Keller sent to company leaders and employees Wednesday.
Liebert was named CEO in October 2020, when Keller Williams announced that KWx would be the n...
Over the past year, Iโve spoken with many business owners who are in the process of selling their companies. Some have been better prepared than others. One thing Iโve noticed about those business owners is that they were truly prepared for the scrutiny that comes with the business sale process. Therefore, as we continue looking at your business through the eyes of a buyer, weโre going to shift our attention to assets, technology, and risk management. How do these areas influence the way a...
Over the past year, Iโve spoken with many business owners who are in the process of selling their companies. Some have been better prepared than others. One thing Iโve noticed about those business owners is that they were truly prepared for the scrutiny that comes with the business sale process. Therefore, as we continue looking at your business through the eyes of a buyer, weโre going to shift our attention to assets, technology, and risk management. How do these areas influence the way a...
Some 50 people a day decide that they want to call the First Coast their new home โ a sign of the areaโs growing economy, quality of life and pro-business policies.
Some 50 people a day decide that they want to call the First Coast their new home โ a sign of the areaโs growing economy, quality of life and pro-business policies.