The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: Mortgage loan

Bank Results Season: Deposits back at $1.12 T, Profits below $1 on 11.5 B outstanding equity, waiting for Mortgages to explode (Bank of America Q1 2014) and hoping for no Regulation Z again!!!

CAVEAT: Visitors to the site , actually reading thru the analysis may find we are definitely avoiding groundbreaking predictions this season, especially the ones that say Wells Fargo has become … Continue reading

January 15, 2014 · 1 Comment

Bank Results Season: Jamie Dimon leaves as Chairman of the combined Bank

  Of course that was a technical correction as he left Chairmanship of Chase and this would be typical froosh media that you finally got rid of by coming here … Continue reading

October 11, 2013

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

Bank Results Season: BofA turns in an all round excellence score

Net profits of $2.6 B on just $1.7 B in Loan losses before taxes led the most heavily capitalised bank in the orld to further improve its net Basel 3 … Continue reading

April 17, 2013

Bank Results Season: HAMP and HARP missed at Wells Fargo earnings fest

For the mortgage leader in Continental USA, the closing out of all foreclosure refinancing deals is the primary concern alongwith lower NIMs even as current market allowed it to take … Continue reading

April 12, 2013

Bank Results Season: J P Morgan on way to becoming leader in Mortgages to renew Universal Banking (Q1 2013)

Even as JP Morgan results beat expectations handsomely to come very near our $1.62 per share mark with $6.5 Bln in profits for the first quarter’s $25B+ raising hopes of … Continue reading

April 12, 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

Chastised Europeans fight with their back to the wall, JP Morgan pays for BS | Banking insight

How Europe has been cut out of Global Financial Systems? When the crisis devolved on global citizens in 2008, none were more circumspect than banks about coming litigation though most … Continue reading

November 17, 2012

Archives