Tuesday, April 17, 2012

U.S. Bank housing

  • WASHINGTON, April 17, 2012 /PRNewswire-USNewswire/ -- Today, the National Fair Housing Alliance (NFHA) and four of its member organizations announced a federal housing discrimination complaint against U.S. Bancorp and U.S.
  • (YAHOO!)
  • U.S. Bank is making it harder for the market to come back in Earlier this month, the fair-housing group issued a study that criticized the banking industry for maintenance of foreclosures.
  • (NASDAQ)
  • And banks are helping both by approving more loans. All that points to a better year for the housing market, though a full recovery could take several years.
  • (US News and World Report)
  • WASHINGTON -- A decline in multifamily-home construction caused U.S. housing starts to plummet in March going forward remain in good shape, said analysts from The Royal Bank of Scotland Royal Bank of Scotland Group PLC (RBS.LN, RBS).
  • (NASDAQ)
  • the National Fair Housing Alliance has filed a federal housing discrimination complaint against U.S. Bancorp and U.S. Bank National Association, claiming that the bank failed to properly maintain foreclosed properties in black and Hispanic neighborhoods.
  • (Atlanta Journal Constitution)
  • Goldman Sachs Group Inc. (GS) fell 0.9 percent to $116.66. The fifth-biggest U.S. bank by assets reported a 23 percent decline in first-quarter profit. Revenue from trading bonds, currencies and commodities lagged behind JPMorgan Chase Co.
  • (Bloomberg)
  • A healthier housing market is welcome news JPMorgan Chase, the largest U.S. bank by assets, turned a $5.4 billion profit for the quarter, down 3 percent from last year but ahead of Wall Street estimates.
  • (Yahoo Finance)
  • That unwinds some of the incipient recovery seen in recent months in the long-moribund U.S. housing sector an economist at Suntrust Banks in Atlanta, adding the data pointed at best to a tentative recovery.
  • (Reuters UK)
  • Banks including Wells Fargo Co. (WFC "We're hearing the process is going a bit more smoothly now, so that comes as no surprise." The U.S.
  • (Bloomberg)
  • One of the major problems the bank faces going forward is the resolution of the mortgage-loan overhang as a result of the collapse in U.S. housing.
  • (Moneynews (blog))

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