Home lending surged at most large and regional banks in the second quarter, with home purchases overtaking refinances as the housing rebound gained even more solid footing. "The second quarter was a big quarter for everybody," said Simon Tahan, director of mortgage banking at the $23.6 billion-asset Webster Financial in Waterbury, Conn.
Ever since the U.S. housing crisis, Wall Street’s mortgage-bond issuance has been largely limited to bundling old, soured debt or big. banks taking almost all of the rest, according to the Urban.
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Foreclosure Fail: Study Pins Blame on Big Banks A study by government and academic researchers finds that approximately 800,000 homeowners missed out on mortgage modifications because of big banks.
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Get Out of Big Banks NOW! The next big bank failure will not be resolved with a government Bail-Out. It will be resolved by a depositor Bail-In. It’s now legal for a big bank to confiscate your money . Randy Langel Randy.Langel@gmail.com September 2013
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