July 16: Broker jobs; TBA settlement, processing, HELOC, purchase advice mgt. tools; JPMorgan to charge for info? Gig economy jobs
JPMorgan told FinTechs that it will charge for access to its customers’ bank information. The fees would bring big bucks to JPMorgan but eat into the profit margin of any lender or credit reporting agency or verification service. Will this become a trend with other depositories? Lenders and their originators, along with MBS investors, carefully watch…