A Steep Origination Drop for JPM in 1Q22 but a Nice Hike in MSR Values

Inside Mortgage Finance, Apr. 13, 2022–Paul Muolo
JPMorgan Chase, the first of the bank mortgage bellwethers to report 1Q22 results, originated $30.2 billion of home mortgages in the first quarter, a 37.3% sequential decline, according to figures released Wednesday morning. Compared to 1Q21, home lending was off 30.1%.