Monthly Archives: June 2015

Home Prices Increased in April

The 20-City Case-Schiller Composite gained 4.9 percent year-over-year in April, slightly lower than March’s gain of 5 percent. The 10-City Composite gained 4.6 percent in April from the previous year, down from the 4.7 percent year-over-year gain in March.

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Faster Payments: Happening Faster

The discussion about the migration to faster payments used to feel like people talking about the weather. Everyone complained about it but no one ever did anything.

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OCC: Trading Revenue Jumps in First Quarter

Commercial banks reported total trading revenue of $7.7 billion in the first quarter of 2015, 72 percent higher than in the fourth quarter of 2014 and 24 percent higher than a year prior, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities released today.

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Fannie, Freddie Q1 Profits Drop Year on Year

Fannie Mae’s and Freddie Mac’s combined first-quarter earnings were $2.4 billion, up from the $1.5 billion they earned in the fourth quarter of 2014 but down substantially from the $9.3 billion they earned a year before, the Federal Housing Finance Agency reported today.

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