Jul 12, 2013 by John MaxfieldThe Big Banks Come Through Big TimeThe nation's first and fourth largest banks by assets reported absolutely monster second-quarter earnings today. But were there more to the figures than meets the eye?
Jul 12, 2013 by John MaxfieldWells Fargo's Earnings Propelled by Lower Provisions for Credit LossesThe nation's largest mortgage originator had a stellar quarter. However, there was more to its success than meets the eye.
Jul 11, 2013 by John MaxfieldAnd Bernanke Said, "Let Stocks Go Higher"Comments from Fed Chairman Ben Bernanke helped the market overcome an otherwise dismal employment report from the Department of Labor.
Jul 11, 2013 by John MaxfieldWhy Bank of America Stock Is Headed HigherThe Federal Reserve is at it again, sending bank stocks generally higher today.
Jul 11, 2013 by John Maxfield5 Numbers Illustrating the Ongoing Foreclosure CrisisA new report from CoreLogic gives an updated assessment of the ongoing foreclosure crisis.
Jul 11, 2013 by John MaxfieldMortgage Rates Climb HigherData released today by Freddie Mac showed that mortgage rates headed higher this week.
Jul 11, 2013 by John MaxfieldGood News for America, Bad News for BanksWhat a shame, it looks like banks are going to have to act more prudently going forward.
Jul 10, 2013 by John MaxfieldFederal Reserve Minutes Fail to Inspire InvestorsStocks responded with a collective "Meh" when the Federal Reserve released the minutes from its most recent monetary-policy meeting.
Jul 10, 2013 by John MaxfieldAre Mortgage REITs Destabilizing Interest Rates?Large sales of MBSes by mortgage REITs may be pushing mortgage rates higher.
Jul 10, 2013 by John MaxfieldMortgage Applications Fall 20% Over 4 WeeksAccording to new data, mortgage applications fell again last week for the fourth time in a row.
Jul 10, 2013 by John Maxfield5 States With the Fewest Home ForeclosuresThese five states top the charts (in a good way) when it comes to completed home foreclosures.
Jul 9, 2013 by John MaxfieldCan Annaly Ever Be Trusted Again?Annaly Capital Management has finally gone too far in trying to conceal its operations from shareholders.
Jul 9, 2013 by John MaxfieldWhy the Dow Is Headed Higher TodayEconomic reports and a better-than-expected kickoff to earnings season are propelling blue-chip stocks higher this afternoon.
Jul 9, 2013 by John Maxfield5 States With the Most Home ForeclosuresThese five states lead the pack when it comes to home foreclosures.
Jul 9, 2013 by John MaxfieldHere's Why Bank of America Stock Is StallingA number of conflicting events today as fueled indecision among bank investors.
Jul 8, 2013 by John MaxfieldWhy the Dow Is Higher TodayFriday's better-than-expected jobs report and the beginning of earnings season sent blue-chip stocks higher today.
Jul 7, 2013 by John MaxfieldThe 1 Housing Statistic That's Still FallingThe homeownership rate is falling. Does that mean the American dream is dying?
Jul 7, 2013 by John MaxfieldStocks Are Usually Up in JulySince 1992, the Dow Jones Industrial Average has finished July higher in 14 out of 21 years.
Jul 6, 2013 by John MaxfieldFriday's "Catastrophic Surge" in Mortgage RatesOn Friday, while you were busy nursing yourself back to life following the previous night’s celebrations, mortgage rates exploded.
Jul 6, 2013 by John MaxfieldThe Federal Reserve and Volatility: More Bark Than BiteWhile there's little doubt that the central bank's recent policies have fueled the broader market to recent all-time highs, there's nevertheless reason to question whether or not they're similarly making the market more volatile.