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Tag Archives: Profits

For Now, Wells Fargo’s Earnings are Solid

It has been a tumultuous week for Wells Fargo that included a leadership change at the top. It remains to be seen how these changes will affect Q4 profits, but as for Q3, the bank turned in a solid report.

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Outlook is Much Brighter for Lender Profits

Q3 marked the third straight quarter in which lenders reported a net positive profit margin outlook, according to Fannie Mae. Notably, compliance costs were less of a concern among lenders compared with Q3 last year.

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