Industry vet returns to the GSE, responsible for portfolio management, servicing, and operations and technology for Freddie Mac.
Read More »Big Four U.S. Banks Report Widespread Loan Deferral
As homeowners and other borrowers seek debt relief during the coronavirus pandemic, America’s four largest banks report at least $151.5 billion in loans with payments in deferral at midyear.
Read More »Checking the Books With Goldman Sachs and CitiGroup
Goldman Sachs and CitiGroup released their Q1 2019 results. Here's what the banks' executives have to say about what's going on at these banks.
Read More »The Week Ahead: Focus on Q1 Earnings
Make sure to check in at DSNews.com as we follow the earnings statements released Bank of America, Citigroup, and Goldman Sachs. Here’s what else is happening in The Week Ahead.
Read More »Q3 Mortgage Revenue Drivers
Home lending and servicing figured prominently in the quarterly results declared by Wells Fargo, JPMorgan Chase and Citigroup on Friday. Here’s how these banks performed in Q3.
Read More »How Much Have Banks Been Fined Since the Crisis?
According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...
Read More »Dinesh Chopra Joins Ally Financial
Ally Financial Inc. (Ally), a leading digital financial services company and a top 25 U.S. financial holding company, announced that Dinesh Chopra has joined the company as its new Chief Strategy Officer.
Read More »Financials Take a Broad Hit
Wells Fargo, JPMorgan Chase, and Citigroup reported their second quarter earnings on Friday morning. Read on to see their figures and exactly how the market reacted.
Read More »BofA Capital Buffer Lags Behind
At the close of Q1, Bank of America had fallen behind its peers—at least in terms of its capital buffer. The bank came in last among major financial institutions, with just a 1 percent buffer for the quarter. Goldman Sachs took the top spot.
Read More »A Tale of Two Earnings Reports
The Q4 earnings statements of U.S. Bancorp and Citigroup reported very different results for their mortgage sectors.
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