The Banking and Strategy Initiative

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Tag Archives: Fannie Mae

iT’S MoNDaY aGaiN; another “too little too late” moment for Obama, more Bank settlements (US Economy and Markets) [July 01 – July 05, 2013]

The week is a bore really. For probably the nth month in succession where n=9, apart from a spike in Q1 2013, China has posted sub par manufacturing data, Yen … Continue reading

July 1, 2013

The Mid-Week Trend Update: Banking heavies on watchlist as US exits S&P ‘risk’

The week’s continuing month long Global FX turn seemed ominous for the big banks, Citi coming under fire from one of the rare remaining bears (analyst Mr Peabody) as Emerging … Continue reading

June 13, 2013

Bank Earnings Season: Bank of America tries to do the impossible with its Housing portfolio? (Q4 and Full Year 2012)

Though the bank managed the hit from settlements well enough and the expected decine in charge offs together with ready provisioning enabled the bank to avoid losses on the last … Continue reading

January 17, 2013

BofA gives up more to struggling Fannie Mae | Bank Earnings Season

in a second settlement that will hurt BofA immediately in the fourth quarter the bank agreed to pay Fannie mae nearly $7 bln for some 32000 mortgages faultily sold to … Continue reading

January 8, 2013

US Economy: US New Home Sales stayin’ alive

Hopes are increasing their stake in the recovery as firm data on Existing and new home sales stayed up above December and January gains , yet well below the 2007 … Continue reading

March 23, 2012

Paulson’s Advantage plus lost again, Banks have a lot going for them … | Fund Strategy Insight

.. but Paulson lost only 1.5% down in February February fund data firmly drives home the point of bank recovery having stalled mid month after the housing loan settlement in … Continue reading

March 6, 2012

Dethroning the King – A mysterious deal to be solved at leisure?

The book discusses the sudden capitulation of Anheuser Busch to Brazilian InBev at the beginning of the Lehaman week, as people got busy with other things in the Crisis, maybe … Continue reading

January 26, 2012

A mid week reality check for Investment banking regulation?

John Ga(u)lt’s profits? – is this the real face of Capitalism, is insider trading ok for Washington alone? A Bear from the 1985 Superbowl winning team of Chicago, Gault is … Continue reading

December 21, 2011 · 2 Comments

European Banks recapitalization: Italy falls?

¬†On the Contrary, Belgium and Portugal become happier places..   Italian Default Probabilities Rise exponentially overnight even as Belgium and Portugal enjoy good fortune and the Eurozone investors keeps saying … Continue reading

November 9, 2011 · 5 Comments

BofA commits to one year "Project New BAC" till April 12

The Barclays conference has come and gone by with the Bank taking the chance to underline the challenges in regulatory changes to allowed capital , a slow economy and a … Continue reading

September 12, 2011