The Banking and Strategy Initiative

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Tag Archives: Mortgages

Preview : Bank Results Season First Quarter 2014 : JPM and GS scrape by in the IPO rush

Courtesy: markets.ft.com Most banks fail to get advisory income into the house       JPM and GS scrape by in the IPO rush   The M&A pie is still … Continue reading

April 4, 2014

The Housing Recovery 2012: Bank settlement could reach $40 bln, credit for action could grow benefits

The settlement reached before dawn today¬†will likely be extended to the next 9 largest servicers making the settlement grow to $30 bln from $26 bln. Further , banks will claim … Continue reading

February 9, 2012 · 1 Comment

US Economy: The refi bounce back is real, the Euro here, GS clear

The MBA report for the week Jan 14 showed great elasticity at 23% composite and 26% Refi to grow back above its near term moving averages, completing the weeding of … Continue reading

January 18, 2012 · 1 Comment

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

A Dimon float and a Diamond for the asking | A scan from all Big Bang developments

Even as new house sales ran up ¬†25% and existing home sales reached a record 5.35 million in the US, a lot of interesting snippets came up on the housing … Continue reading

April 24, 2010 · 2 Comments

"The housing market is collapsing" | Advantage zyaada

But you don’t need me to tell you that, Right? Right? O My God! You are still investing in housing securities!!! It was late 2006, and an argument had broken … Continue reading

April 19, 2010 · 1 Comment

Bank results week: Wells Fargo profits from Wachovia

Wells Fargo used 2009 as a good time to review its national footprint and with Wachovia in its belt used the time to grow its retail presence and cement a … Continue reading

January 22, 2010

Bank Results Week : BofA reports troubled 2009

BofA is doing well if for the fact that it has already returned all government monies and has provisioned another $1.6 billion for Credit Losses As a new habit, we … Continue reading

January 21, 2010

Arizona borrows $700M line of credit for 2009| Phoenix Business Journal

zyakaira notes: To date the Jobs report at recovery.gov is showing jobs being created in non existent (congressional) districts, Arizona RE is still down 75-90% over 2007..it all happened here … Continue reading

November 19, 2009

Wells Fargo Settles Lawsuit Over Auction-Rate Securities – DealBook Blog – NYTimes.com

Wells Fargo said on Wednesday that it had agreed to buy back $1.4 billion in auction-rate securities it sold to investors before the market for those securities dried up last … Continue reading

November 19, 2009

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