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Real Estate

JPMorgan, Citigroup are positioned for growth, analyst says

According to Seeking Alpha, mega bank’s Citigroup (C) and JPMorgan Chase (JPM) are best positioned to grow their revenue and manage expenses in today's sluggish environment.

The revenue environment remains challenging thanks to low rates and slow loan growth. Mortgage banking activity held up in Q2, but managements are cautious now, and will be touting expense cuts in their mortgage units – meaningful improvement in expenses wasn't notable in Q2 (with the exception of BAC), so look for comments about traction in this area.

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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions 

The current environment of mergers and acquisitions (“M&A”) is evolving. There is constant movement in the mortgage industry with the desire for growth and expansion. It is easy to become blinded by the end goal of increasing loan volume and quality origination talent.   Thus, it has never been more important to focus on due […]

3d rendering of a row of luxury townhouses along a street

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