Zacks.com, the online unit of Zacks Investment Research Inc., Chicago, has identified four stocks, including Wells Fargo & Co., on its Brokerage Buy List portfolio.The portfolio consists of stocks that currently appear on the core recommended lists of at least three of the top 14 brokerage firms, Zacks said. The company noted that Wells Fargo's mortgage earnings were lower in the fourth quarter than they were a year earlier, but that most of its other businesses recorded double-digit earnings growth. "The company is a large-cap stock to own for the long term, according to three of the top brokerages," Zacks said. The other three stocks cited by Zacks from its Brokerage Buy List are Apache Corp., CVS Corp., and PepsiCo. The company can be found online at http://www.zacks.com.
-
HECM endorsements rose 16% in March to 2,117 loans, but monthly volumes remain near their slowest pace since last summer as proprietary reverse products quietly steal market share.
8h ago -
Which parties are responsible for the surge persisted as a source of debate as community lenders released updated survey data reflecting their average expense.
9h ago -
The 30-year fixed rate climbed to 6.46% this week, its highest mark since September, as mortgage applications fell 10.4% and sellers outnumber buyers by a record 46%.
10h ago -
A court and jury found a father-son executive team liable for wage violations, and a federal judge recently increased the amount of damages for plaintiffs.
11h ago -
The latest generation of anti-money-laundering software uses agentic AI to help alleviate AML alert fatigue. Experts say this use of the technology is promising, though they offer some caveats.
April 2 -
Banks have a lot to celebrate in the operational risk framework, but advocates warn it cuts capital too far.
April 2










