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Andy Peters

Recent Stories From this Author

Rental Costs Rise at Faster Rate than Home Values in April
May 21, 2015 The cost to rent housing grew at a faster rate than home values in April, as rising rents make it difficult for many consumers...

SunTrust Profit Rises on Better Fee Income, Cost Control
April 20, 2015 SunTrust Banks in Atlanta reported higher first-quarter profit as stronger fee income and lower expenses helped offset a drop...

First Horizon Posts Quarterly Loss on Mortgage Settlement Charge
April 17, 2015 First Horizon National in Memphis, Tenn., swung to a first-quarter loss after it paid $212.5 million to settle an...

Wells Fargo Leans on Short-Term Fixes as It Waits on Rates
April 14, 2015 The San Francisco bank has produced enough growth in mortgages, C&I and other areas and made other moves to offset low rates....

Citi Taps Asia-Pacific Chief to Lead Global Consumer Bank
April 13, 2015 Citigroup has named Stephen Bird, chief executive of its Asia-Pacific division, to head its global consumer bank as part of a...

Banks Face Costs from Credit Report Reform They Might Be Worth It
March 10, 2015 Banks can expect to incur higher costs in several areas during the implementation of a settlement agreement to improve the...

Regionals Face Heightened Risk on HELOC Resets
January 29, 2015 Banks have made progress cutting their exposure to risky home equity lines of credit, ahead of a key 10-year threshold when...

Fifth Third Profit Falls on Vantiv Adjustment, Mortgages
October 16, 2014 Fifth Third Bancorp in Cincinnati reported lower earnings because of a decline in mortgage revenue and a negative valuation...

Fifth Third, BB&T Chiefs Voice Pressures on Bankers
October 16, 2014 The lackluster earnings season for regional banks continued. Executives at Fifth Third and BB&T shared concerns about margin...

New Pressure to Abolish Thrifts' Qualified Lender Test
September 4, 2014 One reason so many federal thrifts have switched to other charters is that the Qualified Thrift Lender test impedes their...

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