Thanks to the Federal Reserve, the well-pummeled mortgage REIT sector can expect a reprieve from the thumping it has been taking over the past few weeks.
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August 1 - News
There's a catch-22 in the business model of most banks.
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August 1 - News
In this market, it is becoming hard to find companies that are undervalued.
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July 31 - News
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.
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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.
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July 31 - News
The upward ascent of home prices continues.
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July 30 - 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.
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July 30 - News
This morning's housing news was another big boost for investor confidence in the housing market's recovery.
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July 29 - News
The news that Wells Fargo & Co (NYSE:WFC) is exiting the mortgage joint venture arena is grabbing headlines, but it shouldn't surprise anyone.
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July 29 - News
Donald Yacktman is one of the famous value investors, managing more than $11.5 billion in net fund assets.
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July 29 - Hedge Funds
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...
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July 29 - News
There's a new banking behemoth sitting on top of the world.
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July 29 - News
America's big banks are having quite a second quarter.
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July 27 - 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...
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July 27 - News
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...
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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.
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July 25 - News
Over the last few months, mortgage rates have increased at a historically unprecedented pace.
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July 25 - News
Investing is all about predicting the future.
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July 25 - News
Warren Buffett, investor extraordinaire and CEO of Berkshire Hathaway Inc. (NYSE:BRK.A), will always outperform you.
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July 24 - Hedge Funds
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 ...
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July 24 - News
For years, satirical late-night TV host Stephen Colbert has been running a series on his show called "Better Know a District," which highlights one of the 435 U.S.
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July 23 - News
I’ll be honest, I voiced concerns over Goldman Sachs Group Inc (NYSE:GS). I wasn’t sure if the bank would be able to meet analyst expectations in the most recent quarter.
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July 23 - News
Take Citigroup Inc. (NYSE:C) and Bank of America Corp (NYSE:BAC), for instance.
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July 23 - News
Only once before in recorded history have mortgage rates been more volatile than they are right now.
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July 22 - News
Several big banks have reported earnings over the past week and it has helped push stocks back up to record highs.
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July 22 - News
Some are worried that higher rates may slow the housing recovery, depress home prices, and ultimately threaten bank earnings as mortgage volumes slump.
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July 22 - News
When megabanks JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co (NYSE:WFC) reported second-quarter earnings late last week, the effect of skyrocketing mortgage interest rates...
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July 22 - News
The financial sector came through with a fairly phenomenal quarter.
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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.
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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...
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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.
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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.
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July 22 - News
Citigroup Inc (NYSE:C) becomes the third money center bank to report its performance for the second quarter, after JPMorgan Chase & Co.
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July 20 - News
Earnings results have kept banks in the limelight this week, as Bank of America Corp (NYSE:BAC) turned in its own sweet second-quarter numbers, following similar stellar announcements...
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July 19 - News
The financial collapse of 2007, and the recession that followed in 2008, changed the way we looked at banks forever.
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July 19 - News
Most of Wells Fargo & Co (NYSE:WFC)’s business activities are based around lending and fee-based activities on the small business and consumer level.
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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.
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July 19 - News
When it comes to investing for the long-term, diversification is the name of the game.
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July 18 - News
Common sense seems to dictate that rising mortgage rates will hurt the housing market by depressing the demand for purchase-money mortgages.
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July 17 - News
Although sometimes it may not seem to be true, the global economy continues its steady recovery from the devastating effects of the recent financial crisis.
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July 17 - News
The earnings season is starting to gain some steam. Two big banks, Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase & Co.
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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 ...
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July 17 - News
Since the beginning of the year, Citigroup Inc (NYSE:C) has beaten the performance of the overall stock market.
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July 17 - News
The earnings season has kicked off within the US financial sector as JPMorgan Chase & Co.
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July 17 - News
Credit card use is up, and that's great news for industry heavies Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) , both of which have been on a tear over the past few month.
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July 16 - News
In an environment of volatile interest rates, the largest US home lender, Wells Fargo & Co (NYSE:WFC) became one of the first money-center banks to report second-quarter performance...
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July 16 - News
As we enter earnings season, the Street has placed the majority of its focus once again on the financial sector.
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July 16 - 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 ...
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July 16 - News
Earnings season is in full flow now, and it’s the turn of banking heavyweights such as Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase & Co.
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July 16 - News
Interest rates have been surging lately for a ton of different reasons. The economic climate is getting better, and eventually we'll see the Fed bump up the price of debt.
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July 16 - News
