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» Jumbo Originations Hit Hard by Rising Interest Rates
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Jumbo Originations Hit Hard by Rising Interest Rates
May 19, 2023
James Dohnert
Rising interest rates and tightening of credit standards from banks caused a slowdown in jumbo lending in the first quarter of 2023. First Republic Bank was the top producer in the sector, followed by Wells Fargo. (Includes data chart.)
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