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Loan demand outlook is bullish for the rest of the year, says huntington bancshares ceo
Steve Steinour, Huntington Bancshares CEO, joins 'Power Lunch' to discuss the company's quarterly earnings results, how low ...
July 21, 2022, 3:12 pm
Swedbank net profit rises in q2
Swedish banking group Swedbank reported a rise in net earnings for the second quarter on Tuesday as higher costs somewhat offset a boost from rising i...
July 19, 2022, 1:24 am
Amidst foreign sentiment, china's consumers spend big
It's been another challenging week for China in the news, with reports of home buyers boycotting mortgage ...
July 15, 2022, 8:20 pm
Wells fargo cfo on earnings, credit portfolios, rates
Wells Fargo CFO Mike Santomassimo talks about the latest earnings report, the impact of higher rates and inflation on customers, the ...
July 15, 2022, 6:29 pm
Bank earnings: wells fargo misses as mortgage income craters, citigroup beats
Yahoo Finance Live anchors Brian Cheung, Brian Sozzi and Julie Hyman discuss quarterly earnings for Wells Fargo and Citigroup....
July 15, 2022, 10:40 am
Wells fargo profit falls as the bank sets aside funds for bad loans, company's shares fall 3%
Wells Fargo is the most mortgage-dependent of the six biggest U.S. banks. Sharply higher interest rates are expected to curtail purchase and refinance...
July 15, 2022, 7:03 am
Sec investigates better.com for alleged federal laws violation
The U.S. Securities and Exchange Commission (SEC) is examining whether mortgage lender Better.com and t...
July 14, 2022, 7:57 pm
Wells fargo earnings to show if banks are under pressure
Banks face economic headwinds including decreases in mortgage banking and market-related revenue, Susan...
July 14, 2022, 4:54 pm
Radian (rdn) boosts mortgage market presence with new unit
Radian Group (RDN) introduces Radian mortgage Capital LLC to expand market reach and boost its relation...
July 14, 2022, 12:24 pm
Jpmorgan (jpm) misses on q2 earnings & revenues, halts buyback
JPMorgan's (JPM) Q2 earnings disappoint on higher credit costs and muted IB and mortgage banking perfor...
July 14, 2022, 11:39 am
What's in store for m&t bank (mtb) this earnings season?
While loan growth is expected to have aided M&T Bank's (MTB) Q2 net interest income, low mortgage banki...
July 14, 2022, 10:07 am
Redfin, zillow stocks drop after inflation data fuels jump in treasury yields
Shares of real estate services companies were knocked lower Wednesday after surprisingly strong inflation data sent Treasury yields climbing. A big ju...
July 13, 2022, 9:45 am
Wells fargo mostly defeats two lawsuits over mortgage losses
Wells Fargo & Co on Tuesday won the dismissal of one lawsuit and much of a second accusing the fourth-largest bank of failing to monitor toxic mortgag...
July 12, 2022, 6:46 pm
Loandepot to cut 2,000 more jobs this year as decline in mortgage originations seen accelerating
Shares of LoanDepot Inc. LDI, -12.05% rallied 4.1% in premarket trading Tuesday, after the online mortgage ...
July 12, 2022, 7:19 am
Brightspire's big yield but bearish chart
mortgage REITs have performed poorly compared to the broad stock market over the last year. BrightSpire...
July 10, 2022, 1:19 pm
Redfin seeing san francisco bay area housing market slowing fastest in the u.s.
Redfin Corp. said Friday that it is seeing the northern California housing market, including the San Francisco Bay Area, cooling faster than any other...
July 8, 2022, 8:14 am
Legal & general on track to deliver £1.8bn of capital generation in 2022
Legal & General Group PLC (LSE:LGEN) said in a trading update today that it expects to deliver “double-digit growth” in cash and capital generatio...
July 7, 2022, 4:32 am
mortgage lender rocket stock pops on wells fargo upgrade
Yahoo Finance Live anchors Brad Smith and Brian Sozzi discuss Rocket Companies after Wells Fargo upgraded the stock....
July 6, 2022, 10:42 am
Australia's 'big four' banks pass on full 50 bp variable mortgage rate hike
Australia's "big four" lenders raised their home loan variable interest rates on Wednesday by 50 basis points (bps) per annum, passing on the central ...
July 6, 2022, 3:48 am
Starwood property trust: 9.1% yield, strike while the iron is hot
Starwood Property Trust is a well-managed, high yield commercial mortgage REIT that is positioned for r...
July 5, 2022, 8:20 am