Fannie, Freddie settlements eat into PNC earnings

Fannie, Freddie settlements eat into PNC earnings

Earnings barely move from 4Q13

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower than expected

Here's proof the housing bubble is about to burst

This recovery is an illusion

Items Tagged with 'Consumer confidence'


Confidence index hits high in time for spring homebuying

Present situation indicator at highest in almost six years
March 25, 2014
It may be a good time to get homebuyers off the fence as the Conference Board's consumer confidence index’s present situation component rose 4.4 points to 81.7.
Read More

Consumer confidence climbs to 2nd highest since August 2013

Americans shrug off bad economic news in favor of shopping
March 13, 2014
Despite tepid retail sales, near-stagnant job creation, meager economic growth, and a shaky housing market, American consumers either won't be daunted or don't care what the tea leaves say.
Read More

3 signs the economy is in a quagmire

And just when things started to look up
March 6, 2014
A series of economic indicators and events this week suggest a continued weakness in the U.S. economy and trouble for the housing industry despite an uptick in consumer confidence.
Read More

4 signs that things are much worse than you're being told

GDP, jobless claims, pending home sales - it's just not pretty out there
January 30, 2014
Everyone from the Fed to mainstream media are pushing the narrative that the economy is definitely in recovery mode. Everyone is wrong.
Read More

Why D.R. Horton’s stock went soaring

An 86% climb in earnings will do that
January 28, 2014
HW 30 finished up Tuesday as consumer confidence showed signs of a comeback. But the stock feeling the greatest surge was a middle-market builder.
Read More

Consumer confidence hits five-month high

Americans become more optimistic about the economy
January 28, 2014
Consumer confidence unexpectedly climbed to a five-month high in January as Americans became more optimistic about the economy and the labor market.
Read More

Monday Morning Cup of Coffee: All eyes on big bank earnings

2014 started rough and this week will tell if it was an outlier
January 12, 2014
Many big banks are reporting earnings this week, in what could be an economic make-or-break situation, depending on differing press reports from the weekend.
Read More

Signs point to modest recovery

January 2, 2014
Two different measures – a jobs survey and a consumer confidence index – show people think the economy is better off than it was back five years ago at the start of the recession, but the gains are relative.
Read More

HW 30 stock takes massive hit

Weak earnings push mortgage insurers, servicers to tumble
November 7, 2013
Generally speaking, all but three stocks on the HW 30 significantly underperformed amid weak consumer confidence data, earnings missing market expectations and mortgage rates hitting a three-week high.
Read More

Consumer confidence drops for sixth consecutive week

Hits lowest level in a year
November 7, 2013
Consumer confidence in the U.S. dipped to its lowest level in a year, falling to negative 37.9 as Americans struggled to make ends meet.
Read More