Wednesday 19th of June 2013
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Jon Prior writes April 13 at Housing Wire: The nation's largest mortgage lenders Wells Fargo ($32.84 -1.18%) and JPMorgan Chase ($43.21 -1.63%) originated more mortgages in the first quarter as each inch toward a cleaner portfolio. Both banks beat earnings estimates during the quarter. Wells' mortgage originations totaled $129 billion in those three months, up from $84 billion last year. Chase's originations grew 6% over the same period to $38.4 billion in the first quarter. Read more here. |
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