JPMorgan Chase said it will sell a Melbourne mortgage banking and borrower assistance operation, which employs about 400 people, to Wingspan Portfolio Advisors.
A JPMorgan representative said in a statement that a steadily improving housing market means fewer homeowners are falling behind on their mortgage payments, and the bank doesn’t need as many resources to service and pursue defaults.
JPMorgan Chase sells mortgage branch to Wingspan
Most Popular Articles
Latest Articles
2024 is not the year to cut corners on staging — here’s why
With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.
