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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