Banks Get Their Hands Slapped
In the following video, Motley Fool financials analysts Matt Koppenheffer and David Hanson discuss two of the biggest headlines in the financial world this week.
David tells us how January's increase in home prices is the biggest since 2006, and explains not only how this is a great cause for optimism in big bank investing, but also great for the economic recovery as a whole (and some banks in particular). Matt addresses a different headline, as the Federal Housing Finance Agency moves to ban fees and commissions paid by insurance companies to banks on force placed insurance. Matt explains the idea of force placed insurance, tells investors why the system is so subject to corruption and exploitation, and how, for once, Bank of America may have gotten out ahead of this one.
Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.
The article Banks Get Their Hands Slapped originally appeared on Fool.com.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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