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Stock Market & Financial Investment News

News Breaks
December 13, 2012
09:44 EDTBAC, MBIMBIA, BofA may settle fight over mortgage loans, Buffalo Business First says
As MBIA (MBI) and Bank of America (BAC) appeared yesterday before a New York State Supreme Court justice, analysts quoted by Reuters said a settlement in the fight between the two over soured home-mortgage loans is likely, according to Buffalo Business First. Reference Link
News For MBI;BAC From The Last 14 Days
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January 13, 2015
11:20 EDTBACBank of America January volatility elevated into Q4 and outlook
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08:32 EDTMBIMBIA news encouraging, says MKM Partners
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07:44 EDTBACNationstar, non-bank lenders could get boost from refis, WSJ says
As a decline in interest rates and a reduction in federal loan fees boosts refinancing activity, smaller banks and non-bank lenders, such as Quicken Loans, loanDepot, and Nationstar Mortgage (NSM), may be in a better position than large banks to benefit, said The Wall Street Journal. Publicly traded large U.S. banks include Bank of America (BAC), Citi (C), JPMorgan (JPM), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
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