![mortgage-volumes-collectively-fell-$138b-at-wells,-jpmorgan-and-bofa-in-2023](https://realestateceomag.com/wp-content/uploads/2024/01/88276-mortgage-volumes-collectively-fell-138b-at-wells-jpmorgan-and-bofa-in-2023-300x200.jpeg)
Mortgage Volumes Collectively Fell $138B At Wells, JPMorgan And BofA In 2023
Mortgage businesses at Wells Fargo, JPMorgan Chase and Bank of America are now only a fraction of what they were in 2022. As a group, the trio originated about $80 billion in mortgages in 2023, down from nearly $218 billion the prior year – a $138 billion decline (63%). The downsized