The nation’s largest bank, which acquired the remains of San Francisco-based First Republic following its failure this spring, has completed its plans to close 21 offices this year. But the consolidation effort is likely to continue.
https://www.nationalmortgagenews.com/news/jpmorgan-chase-closes-14-first-republic-branches-in-california
Pros see longevity for residential transition loans
The industry's biggest opportunities involve the evolving cost of capital, which will shift...
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