As the Mortgage Market Weakens JPMorgan Chase Lays Off Hundreds of Employees

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In: Realtor News

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Last updated on June 27th, 2022 at 01:06 pmJPMorgan Chase (NYSE: JPM) reportedly laid off hundreds of employees in its home lending unit and transferred hundreds more to other parts of the bank as mortgage pressure to buy loans andContinue Reading

Economists From JPMorgan Forecasts Lower GDP

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In: Mortgage News

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JPMorgan economists brought down their U.S. economic forecasts for 2022 and 2023. The diminishing was provoked by higher mortgage rates, declining stock costs, and a more grounded dollar compared with exchanging accomplices. In their report to clients, the economists downgradedContinue Reading