Banks Can Kiss Massive Mortgage Gains Goodbye

JPMorgan Chase  (NYSE: JPM  ) and Wells Fargo (NYSE: WFC  ) both reported lower mortgage banking income in their earnings report this week, which was widely expected. But as the two dominant players in this space for the past few years, does this mean a shift in the industry? Will this be an opportunity for other big banks to steal some of the market share, or can investors expect these numbers to be lower across the board? 

Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.

 


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