Jerome Powell thinks there are three major reasons to be optimistic about the U.S. economic recovery.
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September 16 - News
Recent news regarding the resurgence in automobile sales often cites how automakers such as Ford Motor Company (NYSE:F), Toyota Motor Corporation (ADR) (NYSE:TM), and General...
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September 16 - News
Motley Fool analyst Matt Koppenheffer sits down with Rick Engdahl for a side-of-desk interview about banks.
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September 16 - News
A long-standing love affair between Federal National Mortgage Association (OTCBB:FNMA), Federal Home Loan Mortgage Corp (OTCBB:FMCC), and the American banking system may be ...
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September 15 - News
Motley Fool analyst Matt Koppenheffer sits down with Rick Engdahl for a side-of-desk interview about banks.
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September 15 - News
Editor's Note: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), American International Group Inc (NYSE:AIG), Goldman Sachs Group...
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September 13 - News
A bank by the simplest definition is a holder and lender of deposits. When a buildup of deposits occurs unaccompanied by a similar growth in loans, banks put their spare cash...
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September 13 - News
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing...
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September 13 - Dividend Stocks, News
Credit unions got a big reputational boost during the financial crisis, as banking customers protested what in their eyes were reckless lending practices that led to massive bailouts...
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September 13 - News
The bad news has continued rolling in on the mortgage front. Mortgage applications are falling...
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September 13 - News
Editor's Note: Related tickers: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co.
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September 12 - News
On Wednesday, Bank of America Corp (NYSE:BAC)'s chief financial officer Bruce Thompson presented at this year's Barclays Global Financial Services Conference in New York.
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September 12 - News
It's safe to say that mortgage bankers have seen better days. On Wednesday, Citigroup Inc.
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September 12 - News
Motley Fool analyst Matt Koppenheffer sits down with Rick Engdahl for a side-of-desk interview about banks.
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September 12 - News
Motley Fool analyst Matt Koppenheffer sits down with Rick Engdahl for a side-of-desk interview about banks.
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September 12 - News
That's the easy conclusion to draw when looking at the actions of the nation's top hedge fund managers.
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September 12 - News
There's big money being made from the massive Verizon Communications Inc. (NYSE:VZ) buyout of Vodafone Group Plc (ADR) (NASDAQ:VOD)'s stake in Verizon Wireless.
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September 12 - News
"In the second quarter, we told you that if rates remained at these levels, we would expect volumes to be reduced by 30% to 40% in the second half of this year versus the first...
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September 11 - News
JPMorgan Chase & Co (NYSE:JPM), the nation’s largest bank by assets, is easing mortgage lending standards in housing markets hard hit by the crash where prices are surging.
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September 11 - News
It's undeniable that Bank of the Ozarks Inc (NASDAQ:OZRK) is one of the best and most profitable regional banks in the U.S., but shares are right now being valued at over three...
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September 11 - News
It has been five years since the banking industry experienced a gigantic crisis stemming from the housing market, derivatives, and an overall lack of risk control.
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September 11 - News
Here's one reason to be positive about the ongoing economic recovery: Banks are setting aside less money in expectation of future loan losses than they have since the second quarter...
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September 11 - News
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on.
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September 10 - News
Bank of America Corp (NYSE:BAC) is planning to cut 2,100 jobs and close 16 mortgage offices because higher interest rates have reduced demand for home loans, Bloomberg News is...
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September 10 - News
If you own shares of Bank of America Corp (NYSE:BAC), then it's likely you've wondered why it always seems to be so far behind its nearest competitors -- JPMorgan Chase & Co...
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September 10 - News
Uncertainty around the future of interest rates -- and the Federal Reserve as a whole -- causes investors to make interesting, and sometimes dangerous, assumptions.
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September 10 - News
It's not often that a company beats estimates and raises guidance only for the stock to be promptly sold-off by investors. Clearly, in the case of The Home Depot, Inc.
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September 10 - News
Unlike, say, a Peter Lynch, the former head of Fidelity's famed Magellan Fund, which he ran from 1977 to 1990, Buffett has adroitly steered Berkshire Hathaway Inc.
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September 9 - News
Bank of America Corp (NYSE:BAC) has agreed to pay $39 million to settle claims of gender bias by women in its Merrill Lynch brokerage division.
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September 9 - News
An effort to consolidate 26 separate homeowner lawsuits against Bank of America Corp (NYSE:BAC) hit a huge roadblock yesterday when a federal judge ruled that while the individual...
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September 9 - News
There is little doubt that it is a positive move for Bank of America Corp (NYSE:BAC) to bring Merrill Lynch into the family fold, a merger that will save money and break down...
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September 7 - News
Decent macroeconomic news and a high-profile Asian sell-off are fueling the bulls charging bank stocks today.
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September 6 - News
A lawsuit accusing Bank of America Corp (NYSE:BAC) of reneging on promises to help distressed homeowners modify their mortgage loans, and instead driving them into foreclosure...
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September 5 - News
Data released yesterday by the Mortgage Bankers Association showed that the average interest rate for a 30-year fixed-rate mortgage with a conforming loan balance ($417,000 or...
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September 5 - News
Just short of five years ago, the 158-year-old investment bank Lehman Brothers filed for bankruptcy, setting off a chain of events that rivaled, and in some instances exceeded...
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September 5 - News
Editor's Note: Related tickers: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), Rockwell Collins, Inc.
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September 4 - News
The Mortgage Bankers Association reported today that applications for home loans notched a rare increase last week.
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September 4 - News
Competing on price -- interest rates, in this case -- can be a banker's downfall in a rising rate environment. BofI Holding, Inc.
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September 4 - News
This past week has been fairly brutal to stocks as the situation in Syria deteriorated and American saber-rattling suggested that a military intervention may be right around the...
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September 4 - News
Bank of America Corp (NYSE:BAC) is selling its entire remaining stake in China Construction Bank Corp. 0939.
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September 3 - News
Whatever anyone thinks about Bank of America Corp (NYSE:BAC), and specifically its actions before and during the financial crisis, there's no question that it's in the midst ...
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September 3 - News
Last week, a conglomeration of federal agencies unveiled the newest set of proposals regulating the mortgage industry.
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September 3 - News
Back in 2005, a lone Merrill Lynch broker decided he'd had enough.
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September 3 - News
Student loans are a hotly debated and contested product across the financial services industry, a key gripe of the Occupy Wall Street protestors, and the subject of much debate...
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September 3 - News
Now that mortgage rates have come off their historic lows, commentators are beginning to proclaim that the end of the housing recovery is nigh.
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September 3 - News