Wow. A home search app from Chase.
Filled with broker listings used to drive mortgage business to Chase.
Put that in your pipe, smoke it, and inhale deeply.
Two things could be happening here:
1. This is powered by the active but largely unexplored “grey market” for real estate listings.
2. This is powered through Point2 or ListHub, in which case brokers willingly gave up the goods.
I guess we’ve chilled out on that whole banks in real estate thing? And, yes, the whole syndication debate can indeed get more perverse.