More on JPMorgan (JPM) Q1 earnings: Is the mortgage cow fully milked? Mortgage originations of...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

More on JPMorgan (JPM) Q1 earnings: Is the mortgage cow fully milked? Mortgage originations of $52.7B, up 3% sequentially, up 37% Y/Y. Mortgage pretax income fell 43% Y/Y thanks to narrowing margins (expected across the industry). Mortgage application volumes down 8% sequentially, up 1% Y/Y. Book value/share of $52.02 vs. current price of $49.10. Conference call set for 8:30 ET. (presentation) (supplement) Stock now off 0.4% premarket. (PR)