Wells Fargo finds mortgage myths hamper home purchases

. . . .   Wells Fargo finds mortgage myths hamper home purchases   Piggybankblog posted on 09/15/14 Cross linked with reuters.com   (By Peter Rudegeair) (Reuters) – Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co (WFC.N), the largest U.S. mortgage […]

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Wells Fargo economist: 3 best years of the decade ahead of us

. . . .   Wells Fargo economist: 3 best years of the decade ahead of us   Piggybankblog posted on 09/14/14 Cross linked with bizjournals.com   (Ken Elkins Senior Staff Writer- Charlotte Business Journal) – The economic recovery hasn’t been too wonderfully exciting but even it has had some bright spots to it, says […]

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BROOKINGS PAPER: Efficient Credit Policies in a Housing Debt Crisis — Janice Eberly and Arvind Krishnamurthy

. . . .     My name is John Wright AND I AM FIGHTING BACK! All Rise! .The Honorable Judge Wright has left The Court of Public Opinion!   Your donation makes a difference in my life. …. . . . . PRIVACY NOTICE: Warning – any person and/or institution and/or Agent and/or Agency […]

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JPMorgan Demands Higher Contribution From Clearing Houses

. . . .   JPMorgan Demands Higher Contribution From Clearing Houses   Piggybankblog posted on 09/13/14 Cross linked with bidnessetc.com . JPMorgan Chase has urged regulators and central banks for a resolution on the recent standoff, asking clearing houses to keep bigger buffers to protect against a market collapse. JPMorgan Chase & Co. (JPM) […]

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H.R. 4042, Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014

. . . .   H.R. 4042, Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014   Piggybankblog posted on 09/13/14 linked with insurancenewsnet   WASHINGTON, Sept. 12 — The Congressional Budget Office issued the following document: H.R. 4042 would direct the three federal banking agencies–the Federal Reserve, the Office of the Comptroller […]

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Bank of America, J.P. Morgan Move Forward Fed Forecasts

. . . .   Bank of America, J.P. Morgan Move Forward Fed Forecasts     Piggybankblog posted on 09/12/14 Cross linked with wsj.com   Two major banks said Friday that they now believe the Federal Reserve is likely to increase short-term interest rates sooner than they had previously expected. In notes to clients, Bank […]

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Wells Fargo Adds 11 California Reps With $1B in AUM

. . . .   Wells Fargo Adds 11 California Reps With $1B in AUM   Piggybankblog posted on 09/12/14 Cross linked with thinkadvisor.com The wirehouse taps a new communications chief, as independent firms hire recruiters, portfolio managers Wells Fargo Advisors (WFC) has added 11 advisors in California with over $1 billion in client assets […]

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Bank Moves to Avoid Overseas Swap Rules Watched by U.S. Treasury

. . .   Bank Moves to Avoid Overseas Swap Rules Watched by U.S. Treasury   Piggybankblog posted on 09/12/14 Cross linked with bloomberg.com   By Silla Brush and Ian Katz–  The Treasury Department is monitoring Wall Street efforts to escape U.S. swap-trading restrictions for overseas derivatives, according to a department official. Treasury is watching […]

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J.P. Morgan’s Dimon Finishes Scheduled Cancer Treatments

. . .   J.P. Morgan’s Dimon Finishes Scheduled Cancer Treatments   Piggybankblog posted on 09/12/14 Cross linked with wsj.com   J.P. Morgan Chase CEO James Dimon finishes treatment for throat cancer and recovers while missing little time in the office. WSJ’s Emily Glazer discusses with Tanya Rivero. Photo: APIn the days after J.P. Morgan […]

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HSBC to Settle FHFA’s Claims Over Mortgage Bonds

. . .   HSBC to Settle FHFA’s Claims Over Mortgage Bonds   Piggybankblog posted on 09/12/14 Cross linked with reuters.com   By Nate Raymond – (Reuters) – HSBC Holdings Plc is expected to pay $550 million to resolve a U.S. regulator’s claims the bank made false representations in selling mortgage bonds to Fannie Mae […]

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