Is this any way to run a mortgage market?

Is this any way to run a mortgage market?

Here's the right solution

Has the mortgage market turned a corner?

Mortgage lending still below norms and signs point to...

Quicken Loans sues DOJ, HUD for “shake down”

Says agencies demanding unwarranted penalties, false public admissions
W S
Investments / The Ticker

Morgan Stanley beats expectations with 3Q profit

stock2
/ Print / Reprints /
| Share More
/ Text Size+

According to Reuters, Morgan Stanley (MS) posted a higher-than expected quarterly profit, as stock trading revenue jumped 31%.

Overall, the second-largest U.S. investment bank posted third-quarter net income of $888 million, compared with a loss of $1.01 billion a year earlier. On a per-share basis after preferred stock dividends, the bank earned 44 cents from continuing operations, compared with a loss of 55 cents in the same quarter last year. The year-earlier figures included a charge of $2.3 billion to reflect a rise in the value of Morgan Stanley's debt.

Source: Reuters
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus