CFPB analyst cites 'profound' mortgage servicer community impact

FHFA reaches $280 million RMBS settlement with Barclays

RMBS settlement total now exceeds $16 billion

Whalen: Nonbanks are taking over mortgage originations

Regulators "get in the way"
W S
Investments

4 truths big banks wish they could avoid in 2014

There is no escaping the truth, one expert says

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

The fourth quarter earnings are out and it's been a rough ride for the too-big-to-fails.

So far every earning report includes heaping more provisions of capital for bad investments made years ago, or even sooner, to cover legal costs and settlements.

So about the next four quarters? What will 2014 look like?

HousingWire asked bank analyst Christopher Whalen, a managing director at Carrington Holding Company, his thoughts.

Here he tells us four big truths that the big banks, and even big non-bank financial institutions, wish they could avoid in 2014.

» click here to read Truth #1

Recent Articles by Jacob Gaffney

Comments powered by Disqus