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.
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This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.
5h ago -
The real estate and fintech company completed the purchase of 100% of Mortgage One Group, marking a major step in its push into AI financing.
6h ago -
The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.
7h ago -
The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.
8h ago -
Mortgage applications rose 0.4% on a seasonally adjusted basis from one week prior for the period ending June 26, according to the MBA's Market Composite Index.
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Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
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