Articles About Home Loans

Author:
Tom Silva
Posted:
04.10.2009

Wells Fargo Wagon Rolls onto Wall Street

The Wells Fargo wagon delivered good news to Wall Street when the San Francisco-based bank announced a record first-quarter profit of approximately $3 billion, or 55 percent per common share.  Contrast these numbers with the fourth quarter of 2008, when Wells Fargo reported a $2.6 billion loss. The news sent the Dow Jones Industrial Average […]

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Author:
James I. Clark III
Posted:
09.11.2008

Fannie, Freddie and the American Taxpayer

As the United States government commits a bare minimum of $100 billion of taxpayer money to bail out Fannie Mae and Freddie Mac, the final reckoning depends on how effectively Washington runs the mortgage powerhouses. According to the Christian Science Monitor, with the sheer magnitude of Fannie and Freddie – with $5 trillion in home […]

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