I remember the pundits cooing over lenders (and Fannie Mae/Freddie Mac) expanding their credit boxes (aka, lowering their credit standards) and how 2015 would be a year to remember. 144 more words
Tags » Banking
Look out below!
West Texas Intermediate crude futures prices just broke through the $45 barrier down to $44.26. At the same time, the 10Y -2Y yield curve slope broke down to 126.75, less than half of what it was on January 1, 2014. 35 more words
BB&T Apologizes After "Processing Error" Mixed Up Balances, Charged Overdraft Fees To Unsuspecting Customers
RICHMOND, Va. (WRIC) — BB&T says it has fixed a processing issue that had several customer accounts showing incorrect balances, or even worse, no money at all. 142 more words
There is a Greece Fire going on!
After Greece elected the NON-austerity party that wants their sovereign debt (much from Germany) forgiven (aka, cancelled), the reaction in capital markets is predictable. 15 more words