Wells Fargo 3Q Earnings Take A $2B Hit
Hurt by operating losses due to legal & regulatory issues, and by falling mortgage originations.
Tagged: Wells Fargo
Bank Associations Sue The CFPB Over Discrimination Regulations
The lawsuit claims the CFPB is exceeding its statutory authority outlined in the Dodd-Frank Act.
Wells Fargo Economist: Housing Market 'Worse Than It Looks'
Says 'there’s no question that the housing market has long lost momentum.'
Wells Fargo: Correspondent Lending Still Has 'A Key Role'
Bank execs reject reports of plans to abandon the sector.
NAHB: Builder Confidence Sinking Amid ‘Housing Recession’
NAHB chief economist says Fed policy & high construction costs will cause first decline in housing starts since 2011.
What Do Earnings Reports Tell Us About The Future?
Where will things go in the housing market?
Wells Fargo, Bank of America Post Big Drops In 2Q Earnings
Wells Fargo earnings down 48% YOY, BofA down 32.6%.
As The Market Weakens, So Does Builders’ Confidence
Confidence, sales and HMI points all plummeted during the month of July.