Jamie Dimon Keeps It Real: Mortgage Lending Isn’t Easy
- Neil Caron
- Jun 14
- 2 min read
June 11, 2025 | Industry News | Presented by ReadySetLoan
The mortgage world got a little honesty this week from one of the biggest names in banking. Speaking at a Morgan Stanley investor conference, JPMorgan Chase CEO Jamie Dimon didn’t hold back when asked about the challenges in mortgage lending.
“It’s a tough business,” Dimon admitted, sharing just how difficult it’s been for big banks to consistently turn a profit on mortgages over the years.
In fact, Dimon estimated that Chase has likely lost money on mortgage lending over the past 50 years. A big part of the struggle? Ever-changing rules, regulations, and compliance demands. “And it’s being made worse by regulators and rules and regulations,” he added.
Still, Dimon remains hopeful that with some regulatory changes, Chase might eventually “eke out a decent return” in the future.
🐷 RSL Piggy Points: What This Means for You
While big banks worry about profits, buyers have plenty of great options available.
Regulatory hoops exist, but many are designed to protect you — the homebuyer.
The mortgage process is complex, but having the right expert by your side makes it manageable.
Special loan programs — from first-time buyer help to renovation loans — can open doors.
The market may feel overwhelming, but you're not in it alone.
🎙 Neil’s Take
"Mortgage lending has never been a simple numbers game. For homebuyers, every loan is personal — it’s about finding the right fit for your unique situation. That’s where expert guidance matters most. We help you navigate the programs, the paperwork, and the market changes — so you can focus on getting into your new home,"says Neil Caron, Area Sales Manager at CMG Mortgage.
🏁 Let’s simplify your journey together
Yes, the mortgage world can feel complicated — but that’s exactly why ReadySetLoan exists. We’re here to break it down, educate you, and guide you every step of the way.When you’re ready to start your journey, visit www.readysetloan.com — and we’ll help you cross the finish line with confidence.
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