Bank of America Corp (BAC), Citigroup Inc (C), JPMorgan Chase & Co. (JPM): A Weird Side Effect of Some Very Good Housing News

Page 2 of 2

In a way, I think that’s what is happening, just a little bit later. Banks were also slowed as they worked under the terms of the settlement; now that those requirements are nearly fulfilled, they can really get down to business. If so, then the second wave has arrived, and it’s going to get bigger — which will drive prices down, again. The housing corner, I think, is further ahead than many realize.

The article A Weird Side Effect of Some Very Good Housing News originally appeared on Fool.com.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends Bank of America Corp (NYSE:BAC) and Wells Fargo & Co (NYSE:WFC). The Motley Fool owns shares of Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo & Co (NYSE:WFC).

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2