Bank of America Corporation (BAC) New York Stock Exchange
CloseDecember 12, 2018

News: updated – 13-Dec 12:50

Mortgage lender profit outlook falls for nine straight quarters: Fannie Mae12-Dec 10:36(SeekingAlpha)

Profit outlook for mortgage lenders fell for nine straight quarters in Q4 2018 as demand for loans to buy homes and to refinance existing mortgages declined, according to Fannie Mae’s ( OTCQB:FNMA -2.1% ) Q4 2018 Mortgage Lender Sentiment Survey. More news on: Fannie Mae, Freddie Mac, …

KBW cuts the banks12-Dec 09:23(SeekingAlpha)

"We are expecting consensus estimates to be revised lower and concerns on credit are not expected to abate," says KBW, cutting the universal banking sector (NYSEARCA: KBE ) to Market Weight from Overweight. More news on: SPDR S&P Bank ETF, Morgan Stanley, Bank of America Corporation, T…