The offering from Chase's conduit is the largest jumbo MBS from the conduit since 2022. And Chase is doubling up, with a separate deal stocked with mortgages originated by the bank.
The GSEs noted that if these fees to real estate agents continue to be customarily paid by the property seller according to local convention, they won't be subject to financing concessions limits.
Borrowers who received a loan from a merged company paid 9 basis points more, on average, than those who went with separate real estate agencies and lenders, according to a new study.