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Mortgage Related Observations
Date: 2012-04-13T20:04:01.367 Author: AAA Staff Editor note: Today, both JP Morgan Chase and Wells Fargo released their earnings, beating expectations on revenue and profit. Nonetheless, their stock prices fell throughout the day. I went through their earnings releases to see what kinds of interesting information they’ve put out relating to mortgages. Here’s the JP Morgan Chase release, and here’s the Wells release. Deposits are up at both banks (Move Your Money campaign notwithstanding), and new regulatory guidance on second liens seems to be having Teaser: Today, both JP Morgan Chase and Wells Fargo released their earnings, beating expectations on revenue and profit. Nonetheless, their stock prices fell throughout the day. I went through their earnings releases to see what kinds of interesting information they’ve put out relating to mortgages. Here’s the JP Morgan Chase release, and here’s the Wells release. Deposits are up at both banks (Move Your Money campaign notwithstanding), and new regulatory guidance on second liens seems to be having Number of Views: 2140
View original artilce: http://www.nakedcapitalism.com/2012/04/observations-on-todays-wells-fargo-jpmorgan-chase-earnings-reports.html
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