Oct 1, 2013 by John MaxfieldHome Price Increases Slowing Down ConsiderablyWhile home prices increased by 12.4% in August over the same month last year, they're up less than 1% compared to July.
Oct 1, 2013 by John MaxfieldMerrill Lynch Is Finally Put to Rest by Bank of AmericaIn a press release issued this morning, Bank of America announced that it has finally consummated its acquisition of Merrill Lynch.
Oct 1, 2013 by John Maxfield2 Bank Dividends You Can TrustOnly two of the nation's largest lenders were able to maintain their quarterly dividend payouts throughout the financial crisis and after.
Sep 30, 2013 by John MaxfieldBank of America Doesn't Make List of Top 100 BrandsInterbank's newest report on global brand values shows that the nation's second largest bank must continue to improve its image.
Sep 30, 2013 by John MaxfieldTop Brands in Banking and Financial ServicesDiscover the popular banks and financial services companies that made Interbank's top 100 list of the most valuable brands this year.
Sep 29, 2013 by John Maxfield2 Problems Bank of America Has to FixHere are the two things Bank of America needs to fix to make more money.
Sep 29, 2013 by John MaxfieldThe Worst Performing Stock on the S&P 500 in SeptemberWith its stock down by roughly 30% since the beginning of the month, J.C. Penney is the worst performing S&P 500 component in September.
Sep 29, 2013 by John MaxfieldInvaluable Wisdom From One of Buffett's Favorite ExecutivesWarren Buffett has been known to recommend Robert Wilmers' annual letters to shareholders. Here are a collection of quotes from the latest one.
Sep 29, 2013 by John Maxfield3 Reasons to Love Bank of America's StockEven though Bank of America's shares have doubled over the last two years, there's still room for growth going forward.
Sep 28, 2013 by John MaxfieldIs the Housing Recovery in Trouble or Not?With each new day, it seems as if there’s yet another conflicting report about the housing market.
Sep 28, 2013 by John MaxfieldThe Most Disappointing Stock on the S&P 500 Last WeekDespite selling a record 9 million iPhones last weekend, Apple's stock climbed by only 3.3% during the subsequent trading week.
Sep 27, 2013 by John MaxfieldThe Secret to U.S. Bancorp's SuccessThe one thing that separates U.S. Bancorp from its peers is its adroit expense management.
Sep 27, 2013 by John Maxfield3 Numbers That Are Off the Charts at Capital OneCapital One's credit card-first mentality has both benefits and drawbacks.
Sep 27, 2013 by John Maxfield2 Reasons Wells Fargo Dominates Its CompetitorsPrudent expense management and well-diversified revenue streams are two of the biggest reasons that Wells Fargo is as successful as it is.
Sep 27, 2013 by John MaxfieldMortgage Rates Plummet in Latest ReadingData released this morning from Freddie Mac showed that the average rate on a 30-year fixed rate mortgage has dropped to 4.32%.
Sep 26, 2013 by John MaxfieldIs Huntington Bancshares Making a Big Mistake?Bucking the industry trend, Huntington Bancshares is growing its branch count. Will it live to regret this?
Sep 25, 2013 by John MaxfieldNew Home Sales Recover (Somewhat) in AugustSales of new homes recovered last month in a sign that the housing recovery hasn’t been derailed by higher mortgage rates.
Sep 25, 2013 by John MaxfieldFor Banks, Debt Is the Tail That Wags the DogRevealing how debt can have an out-sized impact on a bank's profitability.
Sep 25, 2013 by John MaxfieldMortgage Applications Head Higher for Second Week in a RowThe Mortgage Bankers Association reported today that applications for home loans notched a solid increase last week for the second time in a row.
Sep 25, 2013 by John MaxfieldThe "Next Really Big Risk" to BanksWill rising interest rates wipe out 20% of the banking industry's capital?