As Bank of America Corp (NYSE:BAC) struggles to recover from the financial crisis, CEO Brian Moynihan has made it clear that the big bank plans to
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September 3 - News
The good news is that the number is shrinking. According to a new report from CoreLogic, there were a total of 49,000 completed foreclosures in July.
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September 2 - News
The nation's banks are headed in the right direction.
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August 30 - News
The big bull market in stocks over the past four-and-a-half years has rescued many people's retirement savings from the brink of ruin.
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August 30 - News
The rate on a 30-year fixed rate mortgage began 2013 around 4%.
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August 29 - News
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.
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August 29 - News
Over the past several years, Capital One Financial Corp. (NYSE:COF) has transformed from a credit card juggernaut to a more traditional bank.
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August 28 - News
It's a tough time to be an owner of JPMorgan Chase & Co. (NYSE:JPM) stock.
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August 28 - News
The Mortgage Bankers Association reported today that applications for home loans fell for the third time in a row last week.
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August 28 - News
Investors seeking premier Main Street banking stocks with excellent long-term income and capital appreciation prospects, without the Wall Street razzle-dazzle accounting, derivatives...
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August 27 - News
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.
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August 27 - News
On the final day of the week, the Commerce Department reported that new-home sales plummeted in July.
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August 25 - News
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...
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August 25 - News
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.
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August 24 - News
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...
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August 23 - News
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.
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August 21 - News
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%.
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August 21 - News
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.
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August 21 - News
For bank investors, the changes in today's interest rate environment simply cannot be ignored.
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August 20 - News
It's taken nearly five years, but it appears that Bank of America Corp (NYSE:BAC) is finally taking the bull by the horns.
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August 19 - News
It's not unusual for Bank of America Corp (NYSE:BAC) to perform miserably on any given survey or ranking.
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August 19 - News
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.
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August 19 - News
I have no idea what mortgage rates are going to do tomorrow, next week, or next month.
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August 19 - News
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...
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August 17 - News
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 ...
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August 17 - News
The health of the housing sector is undoubtedly one of the most important drivers of the economy.
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August 16 - News
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.
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August 13 - News
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...
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August 13 - News
Despite the eye-popping returns, Buffett uses relatively simple criteria to base his investment decisions.
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August 12 - Hedge Funds
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.
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August 12 - News
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...
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August 12 - News
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...
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August 12 - News
This past week was a light one in terms of new economic data for investors to rely on -- and the coming week looks to be only slightly busier.
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August 10 - News
It’s been almost five years since Lehman Brothers, then the nation’s fourth biggest investment bank, filed for bankruptcy.
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August 9 - News
The government’s strict regulation of banks provides both a blessing and a curse.
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August 8 - News
Last week was a doozy for investors interested in the labor and housing markets -- as most bank investors are.
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August 8 - News
The recent rise in interest rates is continuing to work its way through the mortgage market.
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August 8 - News
Warren Buffett could be considered the greatest investor of all time. Nobody could beat him when it comes to investing results.
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August 8 - News
Lawsuits are the top stories for most of the Big Four banks this week, with all of the named defendants seeing red.
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August 7 - News
One sector that was badly hurt by the sub-prime crisis of 2008 was the one that started the whole mess, the “banking sector.” Many small and large banks defaulted on the...
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August 7 - News
Banks are notoriously difficult to value. They are so different from non-financial companies that many investors decide to ignore the industry altogether.
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August 6 - News
As many already know, Warren Buffett has a portfolio that is widely watched and imitated by expert and novice investors alike. After all, he is worth an estimated $46 billion...
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August 6 - News
The best thing about the stock market is that you can make money in either direction. Historically, stock indexes have tended to trend up over the long term.
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August 6 - News
Investors often view the financial sector is as a black hole of sorts.
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August 5 - News
Industry leaders with indestructible competitive strengths are the way to go when searching for companies providing soundness and reliability for your portfolio.
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August 3 - News
One of the great turnaround stories that's still taking shape is Citigroup Inc. (NYSE:C).
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August 3 - News
U.S. Federal Regulators continue to hit the money center banks with steep fines and penalties and investors should take note.
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August 3 - News
Unlike other acquisitions Bank of America Corp (NYSE:BAC) has made over the years, its wealth-oriented Merrill Lynch division has been a real keeper.
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August 2 - News
According to Moebs Services, a consulting firm that specializes in the banking industry, the average checking account costs the nation's biggest banks between $350 and $450 per...
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August 2 - News
