JPMorgan Chase (JPM -0.51%) and Wells Fargo (WFC 0.48%) both reported lower mortgage banking income in their earnings report this week, which was widely expected. But as the two dominant players in this space for the past few years, does this mean a shift in the industry? Will this be an opportunity for other big banks to steal some of the market share, or can investors expect these numbers to be lower across the board?
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Banks Can Kiss Massive Mortgage Gains Goodbye
NYSE: BAC
Bank of America

Are the glory days of mortgage revenue at an end?
About the Author
David has been with The Motley Fool since 2013. He is a graduate of the University of Miami. Follow David on Twitter for all things finance, marketing, and investing.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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