The good news is that the number is shrinking. According to a new report from CoreLogic, there were a total of 55,000 completed foreclosures in June.
Keep Reading →
July 31 - News
The financial world is about to turn its attention to the regular meeting of the Fed's open market committee, which wraps up tomorrow.
Keep Reading →
July 31 - News
When you study banks' business operations – the dollars they have under management, etc. - the zeros just keep coming to the point where they are mind boggling.
Keep Reading →
July 30 - News
Technology has become an integral part of daily life for most people. And with greater technological capabilities comes steeper demands from users.
Keep Reading →
July 30 - News
Editor's Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Yahoo! Inc.
Keep Reading →
July 30 - News
Merger not only strengthens the asset portfolio and market position of a bank, it also provides economies of scale.
Keep Reading →
July 30 - News
The own of upscale retailer Lord & Taylor is adding another luxury nameplate to its portfolio.
Keep Reading →
July 29 - News
The Dow Jones Industrial Average is kicking off the new week in the red as a disappointment from the flourishing housing sector pressures the markets.
Keep Reading →
July 29 - News
Wells Fargo & Co (NYSE:WFC) shares hit an all-time high on July 8. The other three large U.S.
Keep Reading →
July 29 - News
This morning's housing news was another big boost for investor confidence in the housing market's recovery.
Keep Reading →
July 29 - News
General Motors Company (NYSE:GM) is well-known for its diverse stable of brands. Few of these have been developed in-house, as GM's early history is riddled with acquisitions.
Keep Reading →
July 29 - News
As a long-term investor, I still get excited when quarterly reports come out for two of my major holdings, Bank of America Corp (NYSE:BAC) and BofI Holding, Inc.
Keep Reading →
July 29 - News
Most people are aware that Washington, D.C.
Keep Reading →
July 29 - News
With earnings season over for the Big Four and other regional banks wrapping up their reports as well, bank investors should turn an eye toward the two biggest macroeconomic factors...
Keep Reading →
July 29 - News
Three years ago, the government passed a bill that clamped down on the tobacco industry, putting restrictions and outright bans on everything from advertising to flavored cigarettes...
Keep Reading →
July 29 - News
There's a new banking behemoth sitting on top of the world.
Keep Reading →
July 29 - News
What do you think would happen to a restaurant if it had horrible customer service and served mediocre food? Or a hair dresser who butchered your new 'do and then proceeded to...
Keep Reading →
July 27 - News
Citigroup Inc (NYSE:C) has more than doubled in price over the last year, as U.S.
Keep Reading →
July 26 - Stock Analysis
Few businesses can survive without happy customers. And when it comes to focusing on customers needs, banks can sure talk the talk, but can they...
Keep Reading →
July 26 - News
Millions of investors have learned that if you can't beat the market indexes, you're better off joining them.
Keep Reading →
July 26 - News
As the market draws to a close this fairly uneventful Thursday, shares of the nation's giant banks are taking advantage of the lull to catch a few z's.
Keep Reading →
July 25 - News
Investing is all about predicting the future.
Keep Reading →
July 25 - News
Dividend stocks outperform non-dividend-paying stocks over the long run.
Keep Reading →
July 25 - News
Editor's Note: Related tickers: Deutsche Bank AG (USA) (NYSE:DB), Goldman Sachs Group, Inc.
Keep Reading →
July 25 - Hedge Funds
Alan Greenspan stood before Congress a decade ago and complained that "Children, dogs, cats and moose are getting credit cards." That's how America used to work.
Keep Reading →
July 24 - News
As the second-quarter earnings season progresses, it's becoming exceedingly obvious that an obscure accounting rule is taking center stage and, in some cases, entirely wiping ...
Keep Reading →
July 24 - News
A few years ago, bank stocks were among the most unloved investments. Many of them traded well below book value and also sported low price-to-earnings multiples.
Keep Reading →
July 24 - Stock Analysis
Take Citigroup Inc. (NYSE:C) and Bank of America Corp (NYSE:BAC), for instance.
Keep Reading →
July 23 - News
Editor's Note: Related tickers: Yahoo! Inc. (NASDAQ:YHOO), Herbalife Ltd.
Keep Reading →
July 23 - Hedge Funds
Don't fool yourself into thinking that Bank of America Corp (NYSE:BAC) actually wants your business.
Keep Reading →
July 22 - News
The financial sector came through with a fairly phenomenal quarter.
Keep Reading →
July 22 - News
There's something to be said about owning your home outright.
Keep Reading →
July 22 - News
At one time, eBay Inc (NASDAQ:EBAY) was on fire.
Keep Reading →
July 22 - News
For decades, young adults have gotten themselves in trouble by maxing out their credit cards and digging themselves into a huge debt hole.
Keep Reading →
July 22 - News
The southeastern part of the U.S., specifically Florida and Alabama, was especially hard-hit by the 2008 recession, and as a result, many banks saw loans sour as home prices fell...
Keep Reading →
July 22 - News
The latest survey gauging customer satisfaction with mortgage servicers was released last week, and it delivered both good and not-so-good news.
Keep Reading →
July 22 - News
Recently, fellow Fool David Hanson posted a video of former Countrywide CEO Angelo Mozilo being interviewed on CNBC way back in 2007.
Keep Reading →
July 22 - News
The financial collapse of 2007, and the recession that followed in 2008, changed the way we looked at banks forever.
Keep Reading →
July 19 - News
Millions of Americans lost tens or even hundreds of thousands of dollars of net worth during the housing bust, as the value of their homes plunged.
Keep Reading →
July 19 - News
The earnings season is starting to gain some steam. Two big banks, Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase & Co.
Keep Reading →
July 17 - News
Three and a half hours into the trading day, Bank of America Corp (NYSE:BAC) shares are up 3.1% on strong second-quarter earnings and some reassuring words from the Federal Reserve...
Keep Reading →
July 17 - News
Wells Fargo & Co (NYSE:WFC) is on a tear lately; the stock has risen by more than 25% in the last year, and is now trading at new historical highs after reporting better than ...
Keep Reading →
July 17 - News
At this point, it's safe to say there was little reason to worry about how banks performed last quarter.
Keep Reading →
July 17 - News
Bad press has been dogging Bank of America Corp (NYSE:BAC) a little more than usual lately thanks to the testimony of a handful of former employees in a lawsuit in progress concerning...
Keep Reading →
July 17 - News
Bank of America Corp (NYSE:BAC) is scheduled to release its quarterly earnings report tomorrow, and with its report coming on the heels of similar announcements from many of ...
Keep Reading →
July 16 - News
With the Dow Jones Industrial Average (Dow Jones Indices:.DJI) at a new record high, cautious investors are starting to pay attention to valuation more closely than ever on ...
Keep Reading →
July 16 - News
Ten bucks says that if you jumped in your car and drove within a five-mile radius of a suburban area, you would pass at least 10 bank branches.
Keep Reading →
July 16 - News
Stocks soared to their third consecutive week of strong gains, riding optimism over the continuation of quantitative easing programs to record highs.
Keep Reading →
July 16 - News
Profitable growth in the financial sector depends on a rebound in economic growth and rising interest rates.
Keep Reading →
July 16 - News
Earnings season is underway, and the center of attention will shift to the banking sector during the week of July 15. Last Friday, banking giants JPMorgan Chase & Co.
Keep Reading →
July 16 - News