Jamie Dimon - Real Estate Investor Pulse

Jamie Dimon calls for “mortgage regulatory simplification”

April 12, 2024 Mariel Alumit Comments Off

Jamie Dimon evidently believes in the KISS principle when it comes to mortgage — keep it simple, stupid. In his annual letter to shareholders, the influential head of JPMorgan Chase wrote that “we can fix […]

Commercial real estate poses risks to US banks – and lenders should brace for higher interest rates, JPMorgan CEO Jamie Dimon warns

May 23, 2023 Mark Paul Cervantes Comments Off

The US banking sector is still recovering from the worst turmoil since the 2008 financial crisis, but its troubles may be far from over. JPMorgan & Chase CEO Jamie Dimon has warned that the next […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]