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» Wells Sees 60 Percent Plunge in 4Q Originations, JPMs Volume Down 54 Percent
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Wells Sees 60 Percent Plunge in 4Q Originations, JPMs Volume Down 54 Percent
January 14, 2014
Paul Muolo
On a sequential basis, the origination results look slightly better: a 38 percent decline compared to the third quarter of 2013 for Wells and a 42 percent downdraft for JPM. Both have laid off thousands of mortgage workers over the few quarters.
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