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Pat Dalrymple Some of my banking friends have bristled a bit over the fun I poke at bankers from time to time...I worked for banks for more than 40 years, so every time I giggle at a banker, I'm laughing right at me. We live in an age when we all
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Though neither bank turned in lousy first-quarter earnings reports, JPMorgan CEO Jamie Dimon noted that loan growth was stagnating throughout the industry. Wells reported a dip in refinancing, which had helped stoke profits last year, of 65% of new
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On the economic front, the Mortgage Bankers Association is reporting a 5 percent rise in the numbers of mortgage applications filed last week, helped in part by homeowners who refinanced their mortgages. Shares of Bank of America (BAC) fell today
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Reuters Well Fargo (WFC) website became the latest victim of cyber attack when its website experienced intermittent outages Tuesday. WFC) has emerged from the collapse of the U.S. housing bubble as the nation's dominant mortgage lender, grabbing an
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Bob Kieber I have been in the wonderful world of finance for close to 40 years. I have been around when the stock market crashed in 1987; in fact I was working in New York on that glorious day. I was around when the Dow went up and down like a roller
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Reasons Bank of America Is a Buy Right Now Watch stocks you care about The single, easiest way to keep track of all the stocks that matter.....Big banks are enjoying some heavy media attention lately as they power through Fed-induced stress scenarios
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Elizabeth Warren rose to national prominence as an outspoken consumer advocate decrying Wall Street abuses and became the progressive movement's darling candidate in last fall's Senate elections. Like most freshman lawmakers, the Massachusetts
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Tuesday, Mar. 05, 2013 More Information Wells Fargo's chief financial officer said he expects the company's mortgage revenues to decline in the first quarter compared with the fourth. That drop would come on the heels of what Timothy Sloan called "
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Jobs postings Photos.com Let's Talk Investing As the banks enter the most important time of the year for mortgage lending the spring buying season they are getting aggressive. Bank of Montreal fired the first salvo on the weekend, dropping its
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Bill is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. Many financial institutions face legacy issues from precarious loans and mortgages. In particular, reinsurance
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