ARMOUR Residential REIT, Inc. (ARR), Hatteras Financial Corp. (HTS): Mortgage Rates Find Uneasy Equilibrium
The rate on a 30-year fixed rate mortgage began 2013 around 4%.
Posts Tagged ‘NYSE:WFC’
JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Citigroup Inc. (C): The New Mutual Fund Danger
Actively managed mutual funds are used to criticism. For decades now, investors and talking heads have bashed active funds for their high fees and lackluster performance.
Updates On Banking: Bank of America Corp (BAC)’s Lawsuit, Wells Fargo & Co (WFC) & Citigroup Inc (C)’s Collective Principal
It’s been nearly a year since the U.S.
Capital One Financial Corp. (COF), Wells Fargo & Co (WFC), U.S. Bancorp (USB): One Stock Crushing the Competition but Overlooked by Investors
Over the past several years, Capital One Financial Corp. (NYSE:COF) has transformed from a credit card juggernaut to a more traditional bank.
Advanced Micro Devices, Inc. (AMD) News: Unusual Options, Finalized Plans & Wells Fargo & Co (WFC)’s Reiterated Rating
Advanced Micro Devices, Inc. (NYSE:AMD) announced that it signed an agreement to offer Singapore facility on lease to HSBC Institutional Trust Services.
JPMorgan Chase & Co. (JPM), Citigroup Inc. (C): The Big Bank I’m Buying Now
It's a tough time to be an owner of JPMorgan Chase & Co. (NYSE:JPM) stock.
Wells Fargo & Co (WFC), D.R. Horton, Inc. (DHI), PulteGroup, Inc. (PHM): Mortgage Applications Fall for 10th Time in 11 Weeks
The Mortgage Bankers Association reported today that applications for home loans fell for the third time in a row last week.
Wells Fargo & Co (WFC), U.S. Bancorp (USB): Winning Bank Stock Criteria
Investors seeking premier Main Street banking stocks with excellent long-term income and capital appreciation prospects, without the Wall Street razzle-dazzle accounting, derivatives...
Wells Fargo & Co (WFC), The Home Depot, Inc. (HD), Lowe’s Companies, Inc. (LOW): Home Prices Continue to Climb
Data released this morning showed that property values in 20 major metropolitan areas rose by 12.1% in the month of June over the same month last year.
Wall St. Headlines: Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM)’s Commitments & Wells Fargo & Co (WFC)’s Wholesale Services
Bank of America Corp (NYSE:BAC) is shutting drive-up teller windows at nine of its Baltimore-area branches.
American International Group Inc (AIG), Citigroup Inc. (C) & JPMorgan Chase & Co. (JPM) Lead The Most Popular Financial Stocks In The Hedge Fund Industry
There are a number of things we look for when hedge funds and other major investors release their quarterly 13F filings.
Wells Fargo & Co (WFC), The Home Depot, Inc. (HD), Lowe’s Companies, Inc. (LOW): Are Higher Mortgage Rates Finally Taking a Toll?
On the final day of the week, the Commerce Department reported that new-home sales plummeted in July.
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM), Bank of America Corp (BAC): Mortgage Rates Are Surging, and It Cost These People Their Jobs
With the refinancing boom waning as interest rates rise, Wells Fargo & Co (NYSE:WFC) recently announced that it will cut 2,300 jobs in its mortgage unit, even though it saw its...
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): Bank of America Corp (BAC) Attempts to Show It Has a Conscience
For the past few years, the bank has been involved in an initiative to make loans available to businesses that want to reduce their carbon footprint.
Banking Updates: Bank of America Corp (BAC) & JPMorgan Chase & Co (JPM) on Mortgage Settlement Obligations, Wells Fargo & Co (WFC)’s Put and Call Options
Bank of America Corp (NYSE:BAC) and JPMorgan Chase & Co (NYSE:JPM) are the latest servicers to say they have fulfilled their obligations related to the national mortgage settlement...
Wells Fargo & Co (WFC), Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM) – Bank Stocks Weather a Shower of Pink Slips and Fines
The banking-sector news grabbing headlines today is the announcement by Wells Fargo & Co (NYSE:WFC) that it will lay off around 2,300 of its employees, a consequence of the inevitable...
Hedge Fund News: Carl Icahn, Sears Holdings Corporation (SHLD), Wells Fargo & Co (WFC)
Editor's Note: Related tickers: Sears Holdings Corporation (NASDAQ:SHLD), Wells Fargo & Co (NYSE:WFC), Citigroup Inc (NYSE:C), Apple Inc.
What’s New on Banking: Bank of America Corp (BAC)’s Drive-Thru Tellers, JPMorgan Chase & Co (JPM) New Agreement, Wells Fargo & Co (WFC)’s Layoff
Some Bank of America Corp (NYSE:BAC) branches with drive-through tellers from Georgia to Texas have already closed the lanes, according to spokeswoman Tara Burke.
Wells Fargo & Co (WFC), U.S. Bancorp (USB), People’s United Financial, Inc. (PBCT): Why a 7.4% Unemployment Rate Is a Bad Sign for Your Investments
Yes, I know the S&P has been flirting with 1,700, and I know the economy has been adding 160,000 to 200,000 jobs per month for quite some time now. But that is today.
Bank of America Corp (BAC) Hedge Fund Data Is Mixed: What It Means For You
Bank of America Corp (NYSE:BAC) stock is up over 20% year-to-date, but hedge funds and insiders are mixed.
Warren Buffett News: Bank Investments, Berkshire Hathaway Inc. (BRK.A) & H.J. Heinz Company (HNZ)’s Goals
Editor's Note: Related tickers: Berkshire Hathaway Inc. (NYSE:BRK.A), H.J.
Latest on Banking: Bank of America Corp (BAC) & USHCC, JPMorgan Chase & Co (JPM) vs. Government, Wells Fargo & Co (WFC)’s Athletics Partnership
The United States Hispanic Chamber of Commerce (USHCC) today announced Bank of America as the corporate chair of its upcoming 34th National Convention, set to take place September...
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM), D.R. Horton, Inc. (DHI): Mortgage Applications Fall by 4.6%
The Mortgage Bankers Association reported today that applications for home loans fell for the second time in a row last week by more than 4%.
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC): 2 Good Reasons to Ditch Your Bank
Though some of the nation's biggest banks make it difficult to do so, you can, and should, change banks if your current provider isn't cutting the mustard.
Today’s Update on Banking News: Bank of America Corp (BAC) Against Fraud Law, JPMorgan Chase & Co (JPM)’s Hiring Issue, Wells Fargo & Co (WFC)’s Shareholders
A federal judge went about endorsing a widespread perception of a savings and loan era that The Justice Department wants to use in cases against Wall Street banks.
Wells Fargo & Co (WFC), Annaly Capital Management, Inc. (NLY): Why I’m Preparing for Volatility in the Mortgage Sector
For bank investors, the changes in today's interest rate environment simply cannot be ignored.
Bank of America Corp (BAC), Citigroup Inc. (C): Is The Financial Crisis Over For Financial Stocks?
The cause of the financial crisis of 2007 -2008, also known as the Great Recession of 2008, is attributed to many different theories. However, one of the most common theories...
Banking News: Bank of America Corp (BAC) CEO Brian Moynihan, JPMorgan Chase & Co (JPM) Hiring Practices, & Wells Fargo & Co (WFC)’s New Options
Having lunch with fabled billionaire Warren Buffett is usually a pretty expensive proposition, on the order of a million dollars or so.
JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC): A Very Savvy Move by Bank of America Corp (BAC)
It's taken nearly five years, but it appears that Bank of America Corp (NYSE:BAC) is finally taking the bull by the horns.
Wells Fargo & Co (WFC), Huntington Bancshares Incorporated (HBAN): Bank of America Corp (BAC) Is Still the Biggest Loser
It's not unusual for Bank of America Corp (NYSE:BAC) to perform miserably on any given survey or ranking.
Wells Fargo & Co (WFC), U.S. Bancorp (USB), Citigroup Inc. (C): If You Hate Bank of America Corp (BAC), Then Buy Its Stock!
If Bank of America Corp (NYSE:BAC) were a senior in high school, it wouldn't be selected as the most popular member of its graduating class.
Bank of America Corp (BAC), Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): Warning! Mortgage Rates Are Definitely Headed Higher
I have no idea what mortgage rates are going to do tomorrow, next week, or next month.
Capital One Financial Corp. (COF), PNC Financial Services (PNC), U.S. Bancorp (USB): The Reason Behind 1 Bank’s Massive Margins
Net interest margin, or NIM, takes the money a bank earns in interest from its loans and investments, subtracts the interest it pays out on its deposits, and divides the result...
Bank of America Corp (BAC), Goldman Sachs Group, Inc. (GS), American Express Company (AXP): 10 Reasons Buffett Is Buffett (and I’m Not)
Buffett would have probably excelled regardless of when he was born, but not unlike the industrial titans of the Gilded Age, it didn't hurt that he came into the world on the ...
Warren Buffett News Updates: Zhao Danyang’s Gains, Adds Wells Fargo & Co (WFC), 1975 Memo for The Washington Post Company (WPO) & More
Editor's Note: Berkshire Hathaway Inc. (NYSE:BRK.B), Suncor Energy Inc. (USA) (NYSE:SU), The Washington Post Company (NYSE:WPO), Gannett Co., Inc.
Banking News: Bank of America Corp (BAC)’s Thundering Herd, JPMorgan Chase & Co. (JPM) & Wells Fargo & Co (WFC)’s Accord
Merrill Lynch & Co., the 99-year-old firm known for its "thundering herd" of brokers pitching stocks to Main Street, may cease to exist as a legal entity more than four years ...
Wells Fargo & Co (WFC), Bank of America Corp (BAC): Housing’s Mixed Signals
The health of the housing sector is undoubtedly one of the most important drivers of the economy.
Chipset News: Qualcomm, Inc. (QCOM)’s Next-Generation Gateways, Intel Corporation (INTC)’s Acquisition & Broadcom Corporation (BRCM)
Editor's Note: Related tickers: QUALCOMM, Inc.
Warren Buffett Is Bullish on General Motors Company (GM) and Suncor Energy Inc. (USA) (SU)
Warren Buffett’s Berkshire Hathaway is one of the most closely followed investors in the market due to its remarkable track record and its long-term investment focus.
Crispin Odey’s Betting Big On Airlines: Delta Air Lines, Inc. (DAL), United Continental Holdings Inc (UAL)
Crispin Odey founded Odey Asset Management Group in 1991. Odey Asset Management is a London-based hedge fund with assets under management of about $6.2 billion.
Banking News Updates: Bank of America Corp (BAC) Closes Branch, JPMorgan Chase & Co. (JPM) Case, Wells Fargo & Co (WFC) Includes Robert Smyth
Bank of America Corp (NYSE:BAC) said it is closing its Pendleton Street branch near downtown Greenville, citing a decline in transactions.
Bank of America Corp (BAC), JPMorgan Chase & Co (JPM), Wells Fargo & Co (WFC): Why We Still Need Bank Branches
Many of the nation's biggest banks have been trimming expenses since the financial crisis, and one spot that's been heavily pruned is the bank branch location.
JPMorgan Chase & Co (JPM), Citigroup Inc (C), Wells Fargo & Co (WFC): Big Bank a Target of Government Probe! (Yawn)
Another day, another government probe into the banking industry. JPMorgan Chase & Co (NYSE:JPM) admitted in a filing yesterday that it is the target of a new-ish Department of...
Wells Fargo & Co (WFC), The Procter & Gamble Company (PG), Wal-Mart Stores, Inc. (WMT) – Invest Like Warren Buffett: Three Picks From Berkshire’s Portfolio
Despite the eye-popping returns, Buffett uses relatively simple criteria to base his investment decisions.
Bank of America Corp (BAC), Citigroup Inc (C): How the Fee Kings Make Their Riches
When I arrived at college and opened my first non-credit union account with a big national bank, I was hit with a rude awakening.
Wells Fargo & Co (WFC), Bank of America Corp (BAC) – The Threat From Higher Mortgage Rates: Truth vs. Fiction
The sharp uptick in mortgage rates since the beginning of the year hasn't been music to the ears of folks who are either in the market to buy a home or haven't yet taken advantage...
BB&T Corporation (BBT), Citigroup Inc. (C): The Simple Solution for Busy Investors
If you're like most people, you probably have at least one checking account, a savings account or two, and a couple of credit cards -- possibly up to three or four. I fancy myself...
