Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"Home Lending originations were very strong, up 40%, with almost 75% of consumer mortgage applications completed digitally, but we expect this to slow with the recent rise in interest rates."

JP Morgan 1Q21 earnings release. https://jpmorganchaseco.gcs-web.com/node/376206/html

"and a $625 million reserve release in Home Lending primarily due to improvements in house price index (HPI) expectations and to a lesser extent portfolio run-off. "

Year over year, "Home Lending net revenue was $1.5 billion, up 26%, driven by higher production revenue, "