FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

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Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Investments / The Ticker

Investors: 'divestitures' good for big banking stocks

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()’s (BAC) brokerage and ()’s (JPM) asset-management division are among businesses ripe for divestiture if U.S. banks break up to improve stock prices, according to CLSA Ltd.’s Mike Mayo.

()’s (C) Latin America unit is another example of operations that have “unrealized value,” the analyst wrote in a note to clients today. Bank stock prices could double if risk and cost of capital at the firms were reduced, reversing past efforts to boost returns by taking on more risk, he said.

Source: Bloomberg
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