Home Loans Improving Good News for Big Banks (BAC, FRE, FNM)

Housing and Money

The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb.  Good news for Bank of American (NYSE:BAC), Fannie Mae (NYSE:FNM), and Freddie Mac (NYSE:FRE).

Getting Every Penny Back from BofA, JPMorgan and Wells is Just the Beginning (BAC, JPM, WFC)

U.S. Dollar - Weak Dollar

Bank of America Corp. (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co. (NYSE:WFC) have already paid up, returning more than $180 billion in bailout funds. Former Treasury Secretary Henry Paulson is on mission to get the U.S. government repaid in full for the funds it put into the country’s lenders.

Bargain Growth Stocks (NYSE:BAC),(NYSE:F),(NYSE:GE),(NYSE:MOT)


Sometimes it is best to just keep it simple.  We decided to ferret out some large companies that are projected for growth but are sitting at some reasonably cheap prices.  And out come some big names like Bank of America Corporation (NYSE:BAC), Ford Motor Company (NYSE:F), General Electric Company (NYSE:GE) and Motorola, Inc. (NYSE:MOT).

BofA and JPMorgan: The Freddie & Fannie Pain (BAC, JPM, FRE, FNM)


Bad news for Bank of America (NYSE:BAC) and JPMorgan Chase (NYSE:JPM), they are going to feel the pain to the tune of billions of dollars thanks to the delinquent loans of Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM).

Today's Most Traded Stocks: Citigroup, SPDR Trust, BofA (NYSE:C),(NYSE:SPY),(NYSE:BAC)

NYSE Floor - Traders

The most active stocks traded today were the usual suspects we've seen for months on end, the winner was Citigroup Inc. (NYSE:C), followed by the SPDR Trust, Series 1 (NYSE:SPY) and in third was Bank of America Corp. (NYSE:BAC).

Trouble Ahead for Big Banks? (NYSE:C),(NYSE:BAC),(NYSE:JPM)


Big banks may be the biggest losers for 2010, and we are talking the big names like Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM). 

Dow Plunges Triple Digits on Obama's Speech (JPM, MS, BAC)

Dow Jones Triple Digit Swings

President Obama's plan is not going over well with Wall Street, the selling is just getting started with JP Morgan (NYSE:JPM), Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) all falling close to 5%.

Obama Gets Tough on U.S. Big Banks

Embedded Video: 

BofA: Recession Ending Talk Spikes Shares (BAC)

Bank of America Bullish Case (NYSE:BAC)

Bank of America (NYSE:BAC) shares finished the day up 4.18% to $15.69 thanks to its positive outlook declaring the "worst is behind us".  BofA's new CEO Brian Moynihan is wasting no time and could be 2010's trendsetter for the banking industry.

The FIDC Provides Reprieve to Big Banks (NYSE: C),(NYSE:BAC),(NYSE: JPM)

Citigroup Inc. (NYSE:C)

It seems big banks in the likes of Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM) have received a reprieve from none other than the almighty Federal Deposit Insurance Corp. 

Syndicate content

WallStNation.comThanks for visiting WallStNation.com, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)

Share WallStNation.com Content

Share this article with others, WallStNation.com is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary

Please Review the WallStNation.com Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details