Can Quicken Loans save Detroit?

Can Quicken Loans save Detroit?

Forbes: “Dan Gilbert is saving Detroit to help his business”

Suspect arrested in case of missing Arkansas Realtor

No word on Beverly Carter; suspect is on parole for theft

Monday Morning Cup of Coffee: Love or loathe – Reverse mortgages, Holder’s legacy

Plus, a week of critical housing and mortgage finance metrics ahoy
W S
The Ticker

Wells Fargo earnings set pace for rest of the market

house construction
/ Print / Reprints /
| Share More
/ Text Size+

With Wells Fargo (WFC) posting a record profit and builders performing well, one Bloomberg article suggests companies interlinked with homebuilding activity could also experience strong profits.

Given today's results from Wells Fargo, and recent earnings beats at KB Home and Lennar, we suspect the sector is poised to surprise to the upside, by an amount significantly above the average 3.8 percent beat posted by the 32 S&P 500 companies which have already reported.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus